Nvidia and Microsoft are knocking on the door of $4 trillion market caps. Nvidia deserves a lot of credit for being the backbone behind AI development. AI has added to Microsoft’s investment thesis rather than redefining it.

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.

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.

For its godfather in Nvidia, it clearly shows that the Blackwell ecosystem is hitting real-world racks, powering next-gen AI tech. Moreover, Nvidia partners like Dell and Supermic

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 (NASDAQ:NVDA) was briefly on track to become the most valuable company in history after its market capitalization hit about $3.92T. Shares of the AI chipmaker jumped up to 2.4% to $160.98 on Thursday,

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