Nvidia became the first publicly traded company to reach a market cap of $4 trillion last week, as investors remain bullish on artificial intelligence technology.

Nvidia on Wednesday briefly hit $4 trillion in market value, making it the first publicly traded company to hit that milestone.

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