The company is benefiting from high demand for computing power to support AI training and inferencing. Over the past couple of years, Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR) have both shown their strengths in artificial intelligence (AI) -- and as a result,

It's clear that all three of these stocks make interesting AI buys, but to decide where to put our money right now, it's a good idea to take a look at valuation. Here, Nvidia trades at a very reasonable level but still is the priciest of the bunch.

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.

On Wednesday, Nvidia became the first company in history to reach $4 trillion market valuation as shares rose more than 2 percent, reports CNBC. The GPU maker's stock has climbed 22 percent since the start of 2025, continuing a trend driven by demand for AI hardware following ChatGPT's late 2022 launch.

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

SandboxAQ CEO Jack Hidary discusses the landscape for AI and advanced computing in the second half of the year and beyond.

Nvidia trades at $159.85 nearing a $4 trillion market cap. AI, robotics, and global demand continue to fuel its explosive growth.

Discover why Nvidia Corporation's robust fundamentals and innovative AI growth catalysts signal a 34%+ upside. Click for my updated look at NVDA stock.

Hon Hai Precision Industry Co. reported 15.8% growth in quarterly sales on robust demand for AI servers and iPhones.