Nvidia, currently the world's most valuable company, is on track to become the first public company to reach a $4 trillion valuation.
Nvidia's market capitalization stands at $3.853 trillion, ahead of Microsoft and Apple.
The company's rapid growth saw it reach $1 trillion in June 2023, $2 trillion in 262 days, and $3 trillion in just 96 days.
With an average daily stock gain of 0.8% over the past month, Nvidia could surpass the $4 trillion mark within a few weeks. Its current S&P 500 weighting of 6.9% indicates its significant valuation impact.