Nvidia became the first company in history to reach a market value of $4 trillion, beating rivals Apple and Microsoft to the milestone in Wednesday morning trading on the tech-heavy Nasdaq exchange.

Nvidia CEO Jensen Huang said the Trump administration is letting it sell its advanced H20 computer chips to China — a reversal in policy.

Nvidia: H20 export reinstated, bolstering the $200 by this year-end bull case and reviving the China growth story.

Now the U.S. is giving China back some of its AI computing muscle by letting Nvidia ship its H20 chips there. The H20 is a chip Nvidia designed with downgraded performance to comply with U.S. export restrictions to China, so it can’t be sold in any other market.

SAN FRANCISCO (AP) — Silicon Valley chipmaker Nvidia on Wednesday became the first publicly traded company to surpass a $4 trillion market valuation, putting the latest exclamation point on the investor frenzy surrounding an artificial intelligence boom powered by its industry-leading processors.