Nvidia has hit a market cap of $4 trillion, becoming the first company in the world to reach the milestone, cementing its status as a Wall Street favorite.
The chipmaker's shares jumped 2.5% to an all-time high of $164.42, supported by continued demand for artificial intelligence (AI) technology.
Nvidia is on track to hit $1 trillion in value by June 2023 and has tripled in value in a year, surpassing the growth of Apple and Microsoft - two US companies with a market cap of more than $3 trillion.
Furthermore, Nvidia has rallied about 74% from its April low, after global markets were hit by tariffs imposed by President Donald Trump.
The firm managed to record revenue of $44.1 billion in the first quarter, up 69% with a profit of 81 cents per share compared to the previous year.
