Nvidia hit a market value of $3.92 trillion on Thursday, briefly putting it on track to become the most valuable company in history, as Wall Street doubled down on optimism about AI. Shares of the leading designer of high-end AI chips rose as much as 2.

The 4th of July is a national holiday, and both the NASDAQ (where NVIDIA is traded under the stock symbol NVDA) and New York Stock Exchange are closed in observance of the holiday. So NVIDIA's next opportunity to make history is at the end of the trading day on July 7,

Nvidia is close to becoming the most valuable company in the world, with its market value reaching around $3.92 trillion. The company’s stock has surged at light speed over the past few years, driven by high demand for its advanced AI chips,