Nvidia CEO Jensen Huang called robotics the company’s next major growth focus after AI|Taiwan Presidential Office|CC BY 2.0

Chipmaker Nvidia’s shares jumped over 4% on Wednesday, closing at a record $154.31 and pushing its market value to $3.77 trillion—surpassing Microsoft and Apple.

Investors remain confident in Nvidia’s AI dominance despite US export controls that block sales to China. CEO Jensen Huang recently said that the $50 billion Chinese market is closed to the US industry.

Still, Nvidia’s revenue soared 69% year-over-year in May, driven by a 73% jump in its data center business.

Analysts expect $200 billion in revenue this fiscal year. At its shareholder meeting, Huang called robotics the company’s next major growth focus after AI.