Analysts see paths to more milestones for Nvidia after the stock closed at a $4 trillion market capitalization for the first time Thursday.

Nvidia's stock market value ended the trading session above $4 trillion for the first time on Thursday, solidifying the chipmaker's position as Wall Street's central player in a race to dominate AI technology.

The A.I. chip maker reached the landmark before Apple and Microsoft, as its value rose more than 10-fold following ChatGPT’s release in late 2022.

Nvidia stock rose on Wednesday lifting the company’s market cap briefly past $4 trillion for the first time as investors scooped up shares of the tech giant that’s building the bulk of the hardware for the generative artificial intelligence boom.

Today’s Forbes Daily features AI giant Nvidia’s record valuation, X’s CEO steps down as Grok unveils new model, Fed eyes rate cuts, Les Wexner’s CoreWeave bet and more.

There’s a new multitrillion-dollar kid on the block. Nvidia on Wednesday became the world’s most valuable company, with its market capitalization briefly touching $4 trillion intraday. It was the culmination of a breathtaking rally that’s seen the stock appreciate by over 1,

The co-founder and CEO of Nvidia (NVDA) is heading to Beijing, where he will meet with senior Chinese officials, including the commerce minister, at the International Supply Chain Expo, Bloomberg reported,

Nvidia made history on Wednesday, becoming the first company in the world to reach a $4 trillion market capitalization. This unprecedented milestone solidifies its position as a dominant force in the global economy and a key player in the artificial intelligence revolution.