New Delhi, Oct. 1 -- Nvidia share price hit a new all-time high on Tuesday, rising nearly 3 per cent and pushing the chipmaker's market value above $4.5 trillion. Nvidia share price ended at $186.58 on September 30, marking a 2.6 per cent rise from the prior day.

The company surpassed a valuation of $1 trillion in May 2023, crossed $2 trillion in February 2024, reached $3 trillion in June 2024, hit $4 trillion in July, and has now climbed to $4.5 trillion.

The shares have gained about 39 per cent so far this year, continuing to draw investor interest as the company accelerates deal-making and strengthens its dominance in the artificial intelligence sector.

Last week, OpenAI revealed that Nvidia would take an equity stake worth up to $1...