Nvidia briefly reached a market capitalization of $4 trillion on Wednesday, making it the first company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks.

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

Nvidia stock has regained its momentum in recent months and should be able to sustain it in the long run as well. Nvidia's market share and the potential data center revenue growth that it could clock should help double its market cap in the next three years.

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 shares were down 0.8% at $162.86 in premarket trading, in line with a slump in wider market futures. The stock rose 0.8% on Thursday and the company became the first to close above $4 trillion, cementing its position as the world’s most valuable by market capitalization.

Nvidia's market cap just hit $4 trillion, and it could rise further on positive market sentiment. Nvidia stock offers exciting opportunities for long-term investors. Nvidia (NASDAQ: NVDA) is back as the most valuable company in the world,

Stock-market breadth isn't looking too hot on Friday. Of the 503 individual issues in the S&P 500, just 72 were in the green recently, according to Dow Jones Market Data. That's on track for the lowest number of gainers in a single session since June 13.

A Historic Valuation Milestone In a historic moment yesterday, Nvidia (NASDAQ:NVDA) became the first company ever to surpass a $4 trillion market valuation, cementing its dominance in the tech sector.