Nvidia (NASDAQ: NVDA) shares climbed 0.7% on Thursday, July 10, to close at $164.10,  outperforming the broader market and pushing the chipmaker over the $4 trillion market capitalization threshold at the close of trading.

Nvidia stock is up more than 50% over the past three months, leading the broader market rebound after the tariff selloff.

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,

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

Shares of Nvidia ended up 0.75% at $164.10, giving it a market value of $4.004 trillion as it benefits from an ongoing surge in demand for artificial-intelligence technologies. Nvidia's stock market value briefly peaked above $4 trillion on Wednesday before closing at about $3.

Nvidia becomes first $4 trillion company at market close. Its stock has increased more than 870 percent since ChatGPT was released in late 2022.

Even at record highs, Nvidia’s stock may not be as expensive as it is touted to be. Some valuation metrics suggest room for upside

Nvidia is leading semi stocks higher. Allegro MicroSystems stock has been even stronger.

Many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably priced. Get the story here.

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.