Nvidia, market capitalization
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The stunning rise of Nvidia Corp to become the first publicly traded company valued at $4 trillion underscores the massive importance to the stock market of the AI chipmaker and the technology sector.
Analysts see paths to more milestones for Nvidia after the stock closed at a $4 trillion market capitalization for the first time Thursday.
Nvidia has rebounded about 74% from its lows in April, when global markets were jolted from U.S. President Donald Trump's tariff volley.
The chip maker's shares are up more than 50% over the past three months, leading the broader market rebound after the tariff selloff.
NVIDIA has become the first publicly traded company to reach a $4 trillion market cap, driven by soaring demand for its AI chips that power models like ChatGPT and Gemini.
NVIDIA’s market value broke a record on Wednesday after dipping in spring amid political uncertainty and chip restrictions.
Nvidia Corp. became the first company in history to achieve a $4-trillion market valuation, cementing its status as a kingpin in the global financial market.
The A.I. chip maker reached the landmark before Apple and Microsoft, as its value rose more than tenfold after ChatGPT’s release in late 2022.
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Nvidia stock trades at $164.10 after hitting a $4 trillion market cap. Analysts eye AI growth and China talks as next catalysts.