NVIDIA, Walmart and Caterpillar Lead Top Stock Reports for July 10, 2025

NVIDIA Corp. (NVDA) has outperformed the Semiconductor - General industry over the past year, benefiting from strong growth in artificial intelligence and high-performance computing. Walmart Inc. (WMT) has outperformed the Retail - Supermarkets industry, driven by its diversified business model, strong omnichannel strategy, and growth in newer ventures like advertising and membership. Caterpillar Inc. (CAT) has outperformed the Industrial Products - Heavy Machinery industry, driven by strong demand for its products in the construction and infrastructure markets.

NVIDIA Corp. (NVDA) has significantly outperformed the broader Semiconductor - General industry over the past year, driven by robust growth in artificial intelligence (AI) and high-performance computing (HPC). The company's market capitalization briefly reached $4 trillion on July 2, 2025, making it the first company in the world to achieve this milestone [1]. This remarkable feat underscores Wall Street's confidence in the rapid growth of AI and the critical role of NVIDIA's high-performance chips in this technological advancement.

NVIDIA's stock has surged, rising as much as 2.8% to an all-time high of $164.42 on July 2, 2025, and ending the day with a gain of 1.80%, leaving it with a market value of $3.97 trillion. This performance follows a sluggish start to the year, where the emergence of a Chinese discount AI model developed by DeepSeek temporarily shook confidence in the sector. However, NVIDIA has rebounded strongly, rising about 74% from its lows in April 2023 [1].

The company's recent rally is fueled by the ongoing surge in demand for AI technologies, with NVIDIA's chips forming the backbone of this technological advance. "It highlights the fact that companies are shifting their asset spend in the direction of AI and it's pretty much the future of technology," said Robert Pavlik, senior portfolio manager at Dakota Wealth in New York [1].

NVIDIA's market capitalization has grown rapidly, achieving a $1 trillion market value for the first time in June 2023 and tripling it in about a year, faster than Apple and Microsoft, the only other U.S. firms with market values above $3 trillion [1]. Microsoft, the second-most valuable U.S. company, has a market capitalization of $3.74 trillion, with its shares gaining 1.4% on July 2, 2025, to close at $503.51 [1].

NVIDIA's dominance in the AI chip market is reflected in its market share within the S&P 500. The company accounts for 7.3% of the S&P 500, compared to around 7% for Apple and 6% for Microsoft [1]. NVIDIA is now worth more than the combined value of the Canadian and Mexican stock markets and exceeds the total value of all publicly listed companies in the UK [1].

Looking ahead, NVIDIA expects total revenue of $44.1 billion in the first quarter of 2025, marking a 69% jump from a year ago, and projects revenue of $45 billion for the second quarter, plus or minus 2% [1]. This growth is expected to continue, with the global AI in semiconductor market projected to reach $321.66 billion by 2033, growing at a CAGR of 18.11% during the forecast period 2025–2033 [2].

The accelerating deployment of generative models and the increasing demand for AI workloads are driving this growth. Companies like NVIDIA, AMD, and others are investing heavily in advanced packaging technologies and AI-driven EDA tools to meet this demand. The market is bifurcating into hyper-advanced capacity monopolized by hyperscalers and mature-node capacity securing diversified, stable profit pools [2].

In conclusion, NVIDIA Corp. has demonstrated exceptional performance in the semiconductor industry, driven by its leadership in AI and HPC technologies. Its strong market position and growth prospects make it a key player in the global semiconductor market.

References:
[1] https://finance.yahoo.com/news/nvidia-becomes-first-company-clinch-134313143.html
[2] https://www.globenewswire.com/news-release/2025/07/10/3113415/0/en/Artificial-Intelligence-AI-in-Semiconductor-Market-to-Surpass-Market-Size-of-US-321-66-Billion-By-2033-Astute-Analytica.html