Nvidia becomes the first company to reach a $4 trillion valuation, driven by soaring demand for artificial intelligence chips and outpacing Microsoft and Apple.

Nvidia notched a market capitalization of $4 trillion on Wednesday, making it the first public company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks.

KEY TAKEAWAYS Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, posted a first-half revenue surge of 40% on booming AI demand.TSMC's June revenue dropped, however, over the previous month.

NVIDIA’s market value broke a record on Wednesday after dipping in spring amid political uncertainty and chip restrictions.

Shares of Nvidia ended up 0.75 per cent at US$164.10, giving it a market value of US$4.004-trillion as it benefits from an ongoing surge in demand for AI technologies. Nvidia’s stock-market value briefly peaked above US$4-trillion on Wednesday before closing at about US$3.97-trillion.

Nvidia (NASDAQ:NVDA) came close to making history on Wednesday, briefly surpassing a $4 trillion market capitalization before pulling back slightly at market close. Shares rose 1.8% to finish at $162.

Nvidia has hit $4 trillion market value, driven by its AI chips. The company has surpassed long time tech giants like Microsoft and Apple.

Citi analysts raised their price target for Nvidia stock to $190 from $180, citing growing demand for sovereign AI. Nvidia is “involved in essentially every sovereign deal," the bank said, as ...

The 4th of July is a national holiday, and both the NASDAQ (where NVIDIA is traded under the stock symbol NVDA) and New York Stock Exchange are closed in observance of the holiday. So NVIDIA's next opportunity to make history is at the end of the trading day on July 7,

The chip maker's shares are up more than 50% over the past three months, leading the broader market rebound after the tariff selloff.