Nvidia becomes first company to reach US$ 4 tril. in market value

AI chipmaker Nvidia became the first public company to reach a 4 trillion U.S. dollar market valuation on Wednesday, briefly peaking at 164.42 dollars per share before settling at approximately 3.97 trillion dollars at the end of trading.

The company's valuation has nearly quadrupled since June 2023, far outpacing competitors such as Apple and Microsoft.

The peak reflects investor confidence in Nvidia's upcoming Blackwell platform and new chip lines.

The target price for the company has been raised, citing long-term momentum.

The achievement makes Nvidia the world's most valuable company.