NVIDIA’s market value broke a record on Wednesday after dipping in spring amid political uncertainty and chip restrictions.

Nvidia briefly eclipsed a $4 trillion valuation on Wednesday. Nvidia's growth is closely tied to the expansion of AI data centers. Investors need to see Nvidia's growth stay rapid to justify its stock price.

Nvidia becomes first $4 trillion company at market close. Its stock has increased more than 870 percent since ChatGPT was released in late 2022.

The stunning rise of Nvidia Corp to become the first publicly traded company valued at $4 trillion underscores the massive importance to the stock market of the AI chipmaker and the technology sector.

Nvidia stock is up more than 50% over the past three months, leading the broader market rebound after the tariff selloff.

Today’s Forbes Daily features AI giant Nvidia’s record valuation, X’s CEO steps down as Grok unveils new model, Fed eyes rate cuts, Les Wexner’s CoreWeave bet and more.

Nvidia Corp. became the first company in history to achieve a $4-trillion market valuation, cementing its status as a kingpin in the global financial market.

Nvidia has beaten rivals Apple and Microsoft to become the first company to reach a market value of $4 trillion. The AI chip maker, which closed at $162.88 a share and just shy of the $4 trillion mark,

Nvidia reached the $1 trillion mark on May 30, 2023, and the stock skyrocketed 239% for the year. Then in 2024, growth continued as Nvidia hit the $2 trillion mark on Feb. 23, 2024, and the $3 trillion mark less than four months later on June 5, 2024. For the full year, Nvidia stock rose 171% in 2024.

SAN FRANCISCO (AP) — Silicon Valley chipmaker Nvidia on Wednesday became the first publicly traded company to surpass a $4 trillion market valuation, putting the latest exclamation point on the investor frenzy surrounding an artificial intelligence boom powered by its industry-leading processors.

Nvidia has rebounded about 74% from its lows in April, when global markets were jolted from U.S. President Donald Trump's tariff volley.

Nvidia stock trades at $164.10 after hitting a $4 trillion market cap. Analysts eye AI growth and China talks as next catalysts.