(Reuters) - Nvidia (NASDAQ:NVDA)'s stock market value hit $3 trillion for the first time on Wednesday as the chipmaker benefited from a race between Wall Street's heavyweights to dominate AI technology.
Shares of the maker of specialized AI chips were last up 4.75%.
Nvidia shares touched an intra-day record high of $1,219.93, giving it a market capitalization of $3 trillion.