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

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.

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.

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,

Nvidia ( NVDA 0.75%) is back as the most valuable company in the world, and it just hit a crucial milestone. It has become the first company to hit a $4 trillion in value. Let's see why investors are getting more excited about it and why it can soar higher.

Once the world's most valuable company, Exxon Mobil now trails AI giants like Nvidia, which recently hit a $4 trillion market cap. Microsoft and Apple also thrive, while Nvidia leads in AI infrastructure.

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.

Nvidia stock hits $162.80, pushing its market cap beyond $4 trillion as AI demand surges. It now leads the global market in valuation.