Nvidia became the first company in history with a capitalization of $4 trillion amid the AI boom

NVIDIA has become the first company in history to break the $4 trillion mark by market capitalization. On Wednesday, shares of the chipmaker rose 2.7% to $164.32, above the level needed to reach this historical figure.

The rapid growth of quotations continues after strong quarterly reports in May, despite China-related write-downs and market concerns about DeepSeek.

NVIDIA CEO Jensen Huang identified four key factors driving demand for the company's product:

1. The growth of «reasoning» AI models capable of more complex conclusions and increased reliability.

2. The easing of export restrictions is a step that Huang called a turning point for U.S. leadership in technology.

3. Corporate AI is the active introduction of AI agents into the business environment and the steady demand for NVIDIA server solutions.

4. Industrial AI is a growing interest in technology against the background of the return of production facilities to national jurisdictions.

Huang called AI infrastructure the «fourth pillar» of the technological revolution, along with computing, data storage, and networking.