Nvidia share price hits record high, nears $4 trillion market cap amid AI boom

Nvidia share price surged to an all-time high on Thursday, pushing its market capitalization close to the $4 trillion mark and positioning it as the world’s most valuable publicly traded company — a milestone driven by relentless investor optimism around artificial intelligence.

Shares of the AI chipmaker rose as much as 2.4% in intraday trading to $160.98, briefly valuing the company at $3.92 trillion — surpassing Apple’s record closing market cap of $3.915 trillion set on December 26, 2024.

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