Nvidia becomes the first company in the world to reach a market valuation of $4 trillion, driven by demand for AI technology.
The company's stock surged by 2.4% to $164, marking a rapid climb from breaking the $1 trillion barrier in June 2023.
Nvidia's dominance in the chip market has been instrumental in fueling the AI revolution, with Wedbush analyst Dan Ives describing it as a historic moment.
Despite geopolitical challenges, Nvidia's stock has rebounded strongly, with CEO Jensen Huang gaining celebrity-like status in the tech world.