The chip maker's shares are up more than 50% over the past three months, leading the broader market rebound after the tariff selloff.

The co-founder and CEO of Nvidia (NVDA) is heading to Beijing, where he will meet with senior Chinese officials, including the commerce minister, at the International Supply Chain Expo, Bloomberg reported,

Analysts see paths to more milestones for Nvidia after the stock closed at a $4 trillion market capitalization for the first time Thursday.

Nvidia (NASDAQ: NVDA) shares climbed 0.7% on Thursday, July 10, to close at $164.10, outperforming the broader market and pushing the chipmaker over the $4 trillion market capitalization threshold at the close of trading.

Shares of Nvidia ended up 0.75 percent 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’s market value broke a record on Wednesday after dipping in spring amid political uncertainty and chip restrictions.

U.S. mining stocks rallied after President Trump confirmed copper tariffs will [take effect Aug. 1](

Even at record highs, Nvidia’s stock may not be as expensive as it is touted to be. Some valuation metrics suggest room for upside

Nvidia briefly reached a market capitalization of $4 trillion on Wednesday, making it the first company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks.

Nvidia is leading semi stocks higher. Allegro MicroSystems stock has been even stronger.

Many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably priced. Get the story here.