Nvidia became the first company in history to reach a market value of $4 trillion, beating rivals Apple and Microsoft to the milestone in Wednesday morning trading on the Tech-heavy Nasdaq exchange.

Nvidia (NASDAQ:NVDA) came close to making history on Wednesday, briefly surpassing a $4 trillion market capitalization before pulling back slightly at market close. Shares rose 1.8% to finish at $162.

Microsoft Corporation, Alphabet Inc Class A, Apple Inc, Amazon.com Inc. Read 's Market Analysis on Investing.com India

US-based chipmaker Nvidia has become the world’s first-ever $4 trillion (£2.9tn) company after its shares rose again on Wednesday, surpassing $164 soon after trading opened. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

Nvidia insiders sold over $1 billion worth of company stock in the past year, with a notable uptick in recent trading activity as executives capitalize on surging investor interest in

Nvidia's market capitalization has surpassed $4 trillion, driven by the AI sector's growth, even nearing India's GDP. The surge followed the unveiling

A combination of tight credit spreads, a low VIX, placid bond markets, and high valuations for riskier assets could be a sign investors are complacent.

The stunning rise of Nvidia Corp to become the first publicly traded company valued at $4 trillion underscores the massive importance to the stock market of the AI chipmaker and the technology sector.