Nvidia has reached a record market value of $3.92 trillion, overtaking Apple and closing in on the top spot as the world's most valuable public company. The surge is driven by high demand for AI chips used in tech infrastructure worldwide.

Here's why Nvidia will likely become the first company to surpass $4 trillion in market value, what Nvidia and Microsoft must do to continue rising in price, and whether either growth stock is a buy now.

The leading designer of high-end AI chips briefly beat Apple's previous record of being the most valuable company in history, when it touched a market cap of $3.915 trillion.

Nvidia has ascended to become the world's most valuable company, surpassing tech giants Apple and Microsoft with a market capitalisation of $3.92 trillion.

Nvidia could be poised to claim the title of most valuable company in history, as its market capitalization nears $4 trillion. The chipmaker's shares closed at an all-time high Thursday, bringing its market value closer to Apple's record of $3.91 trillion set in December.

Nvidia hit a market value of $3.92 trillion on Thursday, briefly putting it on track to become the most valuable company in history, as Wall Street doubled down on optimism about AI. Shares of the leading designer of high-end AI chips rose as much as 2.

Nvidia stock has been a gift that keeps on giving for investors in recent years—and robots are the sort of underrated attraction that could keep the rally going. The shares rose 1.3% Thursday, giving the company a market capitalization of $3.

Nvidia hit a market value of $3.92 trillion on Thursday, on track to become the most valuable company in history, as Wall Street doubled down on optimism about AI. Shares of the leading designer of high-end AI chips rose as much as 2.

Nvidia briefly surpassed the $3.92-trillion mark on July 3, edging close to becoming the most valuable company in history.