Nvidia hits $4 trillion milestone

The success of the chipmaker has been buoyed by demand for artificial intelligence

Nvidia CEO Jensen Huang speaks in Las Vegas
Nvidia CEO Jensen Huang speaks in Las Vegas
(Image credit: Patrick T. Fallon / AFP via Getty Images)

What happened

Nvidia Wednesday became the world's first public company to achieve a $4 trillion market value. The success of the U.S. chipmaker, which finished the day at $3.97 trillion, has been buoyed by skyrocketing global demand for artificial intelligence, for which Nvidia is "building the bulk of the hardware," said CNBC.

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Jessica Hullinger

Jessica Hullinger is a writer and former deputy editor of The Week Digital. Originally from the American Midwest, she completed a degree in journalism at Indiana University Bloomington before relocating to New York City, where she pursued a career in media. After joining The Week as an intern in 2010, she served as the title’s audience development manager, senior editor and deputy editor, as well as a regular guest on “The Week Unwrapped” podcast. Her writing has featured in other publications including Popular Science, Fast Company, Fortune, and Self magazine, and she loves covering science and climate-related issues.