Nvidia on Wednesday briefly hit $4 trillion in market value, making it the first publicly traded company to hit that milestone. Nvidia stock rose 2.76% after the market opened on Wednesday to hit an intraday record high that pushed its market value above the $4 trillion mark.

Nvidia Corp. became the first U.S. company to ever reach a $4 trillion intraday market capitalization on Wednesday, but its shares pulled back slightly from the required threshold and finished the trading day just below the mark.