Shares of Nvidia ended up 0.75% at $164.10, giving it a market value of $4.004 trillion as it benefits from an ongoing surge in demand for artificial-intelligence technologies. Nvidia's stock market value briefly peaked above $4 trillion on Wednesday before closing at about $3.97 trillion.

NVIDIA briefly hits $4 trillion market cap, surpassing Microsoft and Apple in valuation amid soaring AI demand.

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.