Nvidia recently became the world's first $4 trillion company, but one of its megacap peers is knocking on the door of another impressive milestone.

Nvidia Corp. became the first company in history to achieve a $4-trillion market valuation, cementing its status as a kingpin in the global financial market.

AI chip manufacturer Nvidia breaks past the $4 trillion barrier, becoming the first public company in history to achieve that. On Wednesday, the chip designer’s shares had climbed by about 2.8% to $164.

Nvidia ( NVDA 0.75%) is back as the most valuable company in the world, and it just hit a crucial milestone. It has become the first company to hit a $4 trillion in value. Let's see why investors are getting more excited about it and why it can soar higher.

Nvidia becomes the first company to hit a $4 trillion market cap, surpassing Apple and Microsoft, marking a major shift in tech value from consumer gadgets to AI infrastructure.

Once the world's most valuable company, Exxon Mobil now trails AI giants like Nvidia, which recently hit a $4 trillion market cap. Microsoft and Apple also thrive, while Nvidia leads in AI infrastructure.