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Nvidia market cap milestone: Chipmaker becomes first public company to hit $4 trillion, AI boom drives rally
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Nvidia's market capitalization soared to $4 trillion on Wednesday, driven by robust demand for AI-related stocks. This milestone positions Nvidia as the world's most valuable publicly listed company. The chipmaker's shares climbed, fueled by its leadership in AI semiconductor design and optimism surrounding AI adoption. The Dow Jones, NASDAQ, and S&P 500 also saw gains, reflecting positive market sentiment.
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