The jump on Wednesday marks a milestone for the stocks, which embarked on a stunning rally in the years since ChatPGT debuted in 2022.
Nvidia just entered the stock market hall of fame.
The AI chipmaker became the first-ever company to hit a $4 trillion market cap on Tuesday as investors shrugged off volatility stemming from President Donald Trump’s tariffs and fueled a fresh rally in shares of the tech titan.
Nvidia, which reclaimed its spot as the world’s most valuable company in June, saw its shares climb more almost 3% on Wednesday to an intraday high of $164.42.
The stock is up 22% year-to-date.
