Nvidia became the first company in history to reach a market value of $4 trillion, beating rivals Apple and Microsoft to the milestone in Wednesday morning trading on the Tech-heavy Nasdaq exchange.

Nvidia (NASDAQ:NVDA) came close to making history on Wednesday, briefly surpassing a $4 trillion market capitalization before pulling back slightly at market close. Shares rose 1.8% to finish at $162.

Microsoft Corporation, Alphabet Inc Class A, Apple Inc, Amazon.com Inc. Read 's Market Analysis on Investing.com India

Nvidia insiders sold over $1 billion worth of company stock in the past year, with a notable uptick in recent trading activity as executives capitalize on surging investor interest in

US-based chipmaker Nvidia has become the world’s first-ever $4 trillion (£2.9tn) company after its shares rose again on Wednesday, surpassing $164 soon after trading opened. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

Nvidia's (NVDA) future still looks bright with new artificial intelligence (AI), robotics, and software opportunities on the horizon. Yahoo Finance Technology Editor Dan Howley and TECHnalysis Research president Bob O'Donnell join Market Domination to explain why Nvidia still has an edge despite growing competition from Advanced Micro Devices (AMD) and other tech giants building their own chips.

A combination of tight credit spreads, a low VIX, placid bond markets, and high valuations for riskier assets could be a sign investors are complacent.

The stunning rise of Nvidia to become the first publicly traded company valued at US$4 trillion underscores the massive importance to the stock market of the AI chipmaker and the technology sector. Reaching the lofty milestone caps a massive run for Nvidia's stock price,