Nvidia becomes first company to clinch $4 trillion in market value

Nvidia notched a market capitalization of $4 trillion on Wednesday, July 9, 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.

Shares of the leading chip designer rose as much as 2.5% to an all-time high of $164, benefiting from the ongoing surge in demand for artificial intelligence technologies.

The stock’s recent rally comes despite a sluggish start to the year, when the emergence of a Chinese discount artificial intelligence model developed by DeepSeek…