Nvidia stock remains attractively priced, especially when considered in light of its market-beating growth.

Nvidia currently has the highest market cap of $3.98 trillion. Founded by Jensen Huang, Chris Malachowsky, and Curtis Priem in 1993, the company first focused on producing multimedia processors and graphics chips. Its graphic processing units (GPUs) improved the look and feel of gaming and transformed video editing.

Silicon Valley chipmaker Nvidia on Wednesday became the first publicly traded company to surpass a $4 trillion market valuation, putting the latest exclamation point on the investor frenzy surrounding an artificial intelligence boom powered by its industry-leading processors.

Key Points Nvidia has been a surefire AI winner in recent years, soaring 1,400%, thanks to demand for its products.Two other AI players also offer promising futures in this high-growth field. These 10 stocks could mint the next wave of millionaires › Nvidia (NASDAQ: NVDA) has been a no-brainer buy for investors over the past couple of years.

The A.I. chip maker reached the landmark before Apple and Microsoft, as its value rose more than tenfold after ChatGPT’s release in late 2022.

Nvidia becomes first $4 trillion company at market close. Its stock has increased more than 870 percent since ChatGPT was released in late 2022.

Nvidia briefly reached a market capitalization of $4 trillion on Wednesday, making it the first company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks.

The AI chipmaker’s market value smashed the previous record valuation, set by Apple, but ended Wednesday trading just shy of it.

Nvidia shares rose to a new record Thursday, helping lift the S&P 500 and Nasdaq composite to all-time highs of their own. The artificial intelligence chip-maker closed Thursday’s trading with a valuation of more than $4 trillion,

Nvidia ( NVDA 0.53%) is one of the hottest stocks on the market today. Over the past five years, Nvidia shares have soared in value by nearly 1,500%, including another 20% in the last 12 months. Think the run is over? Think again. Nvidia stock remains far cheaper than most investors realize due to one critical factor.