Nvidia briefly eclipsed a $4 trillion valuation on Wednesday. Nvidia's growth is closely tied to the expansion of AI data centers. Investors need to see Nvidia's growth stay rapid to justify its stock price.

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.

The accomplishment is even more impressive considering it has been just two years since Nvidia passed $1 trillion in market cap. Apple and Amazon reached $1 trillion in 2018 and Microsoft followed suit in 2019.