Nvidia on Wednesday became the first publicly listed company to be valued at $5 trillion, driven by investor confidence in the growth of artificial intelligence.Nvidia's shares rose $9.08, or 4.5%, to $210.

Nvidia made history on Wednesday as the first company to reach $5 trillion in market value, powered by a stunning rally that has cemented its place at the center of the global artificial intelligence boom.

NVDA's revenue growth of 71.6% in the past 12 months is impressive, surpassing that of AMD, MU, STX, WDC, and AMBA. NVDA's stock appreciated 43.1% over the last year and has a PE ratio of 56.6, although rivals like AMD, MU, STX, WDC, and AMBA achieved stronger returns.

The artificial intelligence giant Nvidia on Wednesday notched yet another historic milestone, becoming the first company to be worth $5 trillion. The value of Nvidia alone is now worth more than the GDP of every country on earth, except for the United States and China, according to World Bank data.

Unprecedented demand for the company’s AI chips have propelled the company’s market valuation into the stratosphere.

"It's hard not to get sentimental and proud of America," Nvidia CEO Jensen Huang said after a sizzle reel highlighting American innovation.

This opens up the door for AI development and testing on MacBooks, as well as running AI locally for assistive purposes.

Nvidia is on track to become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier.