Nvidia became the first company to reach a $4 trillion market value, fueled by AI chip demand.

Nvidia reached a $4 trillion market value, becoming the first company to do so. The surge is attributed to high demand for its AI chips, used by tech giants like Microsoft, Amazon, and Google. Nvidia's stock rose 2.5%, making its shares worth $164 each. This milestone follows a two-year period of significant growth, driven by the booming AI industry. Despite geopolitical challenges, Nvidia's revenue for the last quarter was $44.1 billion, a 69% increase from the previous year.