Nvidia stock surged more than 2% on Wednesday, pushing the company’s market capitalization past $4 trillion for the first time ever, as investors continued to pile into the chipmaker powering the generative AI boom.

Nvidia reached another milestone in its rise to becoming one of the world’s most important companies: the first publicly traded company to reach a market value of $4 trillion

The Nvidia technology company now stands alone at the top of the worth list as on Wednesday it became the first publicly traded company to reach $4 trillion in market value.