Nvidia has become the world’s first $4 trillion public company, exceeding market caps of competitors like Microsoft.
The chip designer's market cap briefly reached $3.9 trillion and hit a record high share price of $164 on a surge in demand for AI technologies.
Despite facing U.S. export controls limiting access to the Chinese market, Nvidia continues to expand AI infrastructure projects internationally.
The company's value tripled to over $1 trillion in just a year, positioning it alongside Microsoft and Apple as one of the few American companies with over $3 trillion market value.