Nvidia does what Apple and Microsoft has not been able to as yet, becomes $4000000000000 company

Nvidia has set a new record. The AI chip maker has notched a market capitalization of $4 trillion. This makes Nvidia the first public company in the world to reach the milestone and solidify its position as one of Wall Street’s most-favored stocks. Nvidia, the leading chip designer, saw its shares surge by 2.4% to $164, fueled by robust demand for artificial intelligence technologies. The company’s meteoric rise has solidified its position as a tech titan, with its market value surpassing $1 trillion in June 2023 and tripling within a year.

This growth outpaced Apple and Microsoft, the only other U.S. companies with market capitalizations exceeding $3 trillion, making Nvidia a standout in the tech sector.