Nvidia Surges to $4 Trillion Milestone in Semiconductor Boom

by MarketNewsData

Nvidia (NVDA) surged to a new 52-week high of $164.50 on Wednesday, closing with a $4.004 trillion market cap—becoming the first semiconductor stock in history to reach that level. The stock has become the face of the AI chip boom, and investor appetite shows no signs of cooling.

Nvidia wasn’t alone in the breakout:

  • Texas Instruments (TXN) closed at $219.58, up 1.48%, after hitting an intraday high of $220.78—its highest ever.
  • KLA Corp (KLAC) reached a 52-week high of $931.17, ending the session at $928.62 (+0.59%).
  • Broadcom (AVGO) briefly touched a record high of $281.18 before pulling back to close at $275.40 (-0.90%).
  • The SMH Semiconductor ETF also hit a new 52-week high of $288.19, finishing the day at $287.52 (+0.74%).

The broader strength in chip stocks shows investors are still positive on the sector, not just on Nvidia but on other major players too.

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