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

The jump on Wednesday marks a milestone for the stocks, which embarked on a stunning rally in the years since ChatPGT debuted in 2022.

The chip giant on Wednesday morning became the first company to see its market capitalization touch $4 trillion intraday, rising above that level when its shares reached $163.93 in early trading.

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.

Nvidia recently became the world's first $4 trillion company, but one of its megacap peers is knocking on the door of another impressive milestone.

Nvidia shares hit a record high Wednesday as the AI investor favorite became the first company ever to reach a market capitalization of $4 trillion. Monitor these key chart levels.

AI chip manufacturer Nvidia breaks past the $4 trillion barrier, becoming the first public company in history to achieve that. On Wednesday, the chip designer’s shares had climbed by about 2.8% to $164.

Nvidia reached the $1 trillion mark on May 30, 2023, and the stock skyrocketed 239% for the year. Then in 2024, growth continued as Nvidia hit the $2 trillion mark on Feb. 23, 2024, and the $3 trillion mark less than four months later on June 5, 2024. For the full year, Nvidia stock rose 171% in 2024.

Major stock indexes rose on Wednesday as Nvidia briefly climbed to a $4-trillion valuation, while the euro edged lower, with the Trump administration getting closer to a deal with its biggest trading partner,

All eyes are on Nvidia Corp (NASDAQ: NVDA) this morning as the artificial intelligence giant continued to extend gains and become the world’s first $4.0 trillion company. However, a senior JPMorgan analyst is all praise for a different chip stock instead.