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Incredible success of NVIDIA June 18, Nvidia jumped to become the world’s most valuable public company with a $3.34 trillion market cap overtaking Microsoft thanks to its ascent powered by the boom in generative artificial intelligence and surging demand for the company’s chips. Nvidia's rise being one of the fastest in market history, it will be interesting to see whether this is a temporary or ongoing mega trend. https://lnkd.in/dYV8eSE3

Nvidia passes Microsoft in market cap to become most valuable public company Nvidia, traditionally known for its graphics chips in the gaming community, has become the most valuable public company globally, with its market cap reaching $3.34 trillion, surpassing Microsoft and Apple. Nvidia shares have surged over 170% this year, driven by the rising demand for AI chips, particularly in data centers, where Nvidia holds about 80% market share. The company's data center revenue increased by 427% year-over-year in the latest quarter, contributing 86% of its total sales. Nvidia's technology is pivotal in the booming AI sector, which has significantly boosted its stock value and CEO Jensen Huang's net worth. Microsoft, benefiting from its investment in OpenAI and integration of AI into its products, remains a major Nvidia GPU customer. Despite Nvidia's rapid ascent, it has yet to be added to the Dow Jones Industrial Average, but a recent 10-for-1 stock split may improve its chances. https://lnkd.in/e6zZGGfa

Nvidia overtakes Apple and Microsoft as the most valuable publicly listed company in the world. Why is Nvidia so valuable? In short, Nvidia makes computer chips crucial for video games, artificial intelligence (AI), and big data center operations. These chips are the “brains” used in machines ranging from smart cars and advanced medical technology to popular video games. Increasing demand for AI across various sectors, including automotive, healthcare, and technology, has driven significant investment and interest in Nvidia's products. 1. AI and Deep Learning: Nvidia is a leading provider of graphics processing units (GPUs) which are crucial for artificial intelligence (AI) and deep learning applications. 2. Gaming Industry: Nvidia's GPUs are key components in gaming, a market that has seen substantial growth. Innovations in gaming technology, including ray tracing and AI-driven graphics, have made Nvidia's products highly desirable among consumers. 3. Data Centers and Cloud Computing: Nvidia has capitalized on the growth of cloud computing and data centers. Their GPUs are not only used in personal computers but are also in data centers for tasks like machine learning, data analysis, and cloud-based computing services. 4. Strategic Acquisitions: Nvidia has made strategic acquisitions that expand its market influence and capabilities, further driving its valuation. For example, its intent to acquire Arm Holdings was seen as a move that could potentially reshape the semiconductor industry. While Nvidia’s stock rises sharply due to these factors, Microsoft will remain as a larger company by most financial metrics, including revenue, profit, and overall market capitalization over the long term. History of Nvidia- Nvidia Corporation is a technology company that designs and manufactures graphics processing units (GPUs) and other AI technology. The company was founded in April 1993 by Jen-Hsun "Jensen" Huang, Chris Malachowsky, and Curtis Priem, who believed that a dedicated GPU was needed to advance computer graphics. At the time, computer games were CPU-based, but 3D graphics required more floating-point math processing than the CPU's math coprocessor could handle. The founders named their files NV, which stood for "next version", and started the company with $40,000 in funding #AI #Technology #Education #Data #Innovation

🚀 Future-Focused Friday 🤖✨ Nvidia has overtaken Amazon to secure its place as the third most valuable company on Wall Street. As of February 14, 2024, Nvidia's market cap has soared to $1.78 trillion, showcasing its dominance in the artificial intelligence (AI) chip market. 📈 From Gaming to AI Dominance Nvidia's fame no longer relies solely on its gaming graphics cards. In a turn of events, Nvidia shares surged by over 246% in the past year, driven by the explosive demand for its server AI chips, priced over $20,000 each. Tech giants like Microsoft, OpenAI, and Meta are battling for these chips by the tens of thousands to power AI projects such as ChatGPT and Copilot, marking a new era of digital innovation. 🔍 Looking Ahead Nvidia's ascent to becoming the third most valuable company is more than a financial triumph; it's a sign to the pivotal role of AI and semiconductor technologies in shaping our future. As these tech giants continue to innovate and push the boundaries of what's possible, we are in a new era of technological innovation. 🔗 - https://lnkd.in/eBFXhNpk #AIInnovation #Nvdia #FutureFocusedFridays

🚀 Stratospheric Surge! 🌟 #Nvidia eclipses $3tn valuation, outpacing Apple. 🍏 What seemed unfathomable has now become reality. Nvidia's market worth has ascended past a whopping $3 trillion, surpassing tech titan Apple to nestle just shy of Microsoft's top spot in the valuation hierarchy. The tipping point was a stellar 5% surge in share price, eclipsing the $1,200 mark. This ascent is no fluke—it's underpinned by astute investments in AI, with the industry's eyes keenly fixed on Nvidia's pivotal role in this burgeoning domain. 🤖 Think about it, Nvidia's transformation from a graphics chip virtuoso to an AI juggernaut is reshaping industry benchmarks. With sales tripling to $26bn in the latest quarter, the figures speak volumes about its trajectory. But here's the kicker—a forth coming stock split aims to democratize share ownership, potentially igniting a new chapter of investor frenzy. 📈 This is Nvidia staking its claim in the 'next industrial revolution', with CEO Jensen Huang at the helm. We're not just spectators but participants in a world where AI is rapidly integrating into our business landscape. 💡 What's your take on Nvidia's meteoric rise?💭 Let's discuss the impact of AI on market dynamics! #NvidiaRise #ArtificialIntelligence #MarketLeadership

NVIDIA beats Microsoft and it is the most valuable company in the world. Just to make sure you know, NVIDIA is the same company that previously produced graphic boards for game computers. 💾 It is a good example of how things can change over time and remind us how #ai is shaping the new world. Just to put it in perspective, if you had bought all possible shares of NVIDIA this morning and sold them at the end of the day, with the profits, you would have been able to buy 100% of Petrobras, the largest company in Brazil, or 90% of Citi. This is with ONE DAY of profit. Something to think about. 🤔 https://lnkd.in/dKvJBZZ9.

🚀 Stratospheric Surge! 🌟 #Nvidia eclipses $3tn valuation, outpacing Apple. 🍏 What seemed unfathomable has now become reality. Nvidia's market worth has ascended past a whopping $3 trillion, surpassing tech titan Apple to nestle just shy of Microsoft's top spot in the valuation hierarchy. The tipping point was a stellar 5% surge in share price, eclipsing the $1,200 mark. This ascent is no fluke—it's underpinned by astute investments in AI, with the industry's eyes keenly fixed on Nvidia's pivotal role in this burgeoning domain. 🤖 Think about it, Nvidia's transformation from a graphics chip virtuoso to an AI juggernaut is reshaping industry benchmarks. With sales tripling to $26bn in the latest quarter, the figures speak volumes about its trajectory. But here's the kicker—a forth coming stock split aims to democratize share ownership, potentially igniting a new chapter of investor frenzy. 📈 This is Nvidia staking its claim in the 'next industrial revolution', with CEO Jensen Huang at the helm. We're not just spectators but participants in a world where AI is rapidly integrating into our business landscape. 💡 What's your take on Nvidia's meteoric rise?💭 Let's discuss the impact of AI on market dynamics! #NvidiaRise #ArtificialIntelligence #MarketLeadership

No other firm has benefited from the boom in artificial intelligence as much as Nvidia. Since January 2023, the chipmaker's stock price has skyrocketed by nearly 450%. With its shares approaching a total value of $2 trillion, Nvidia now holds the position of America's third-most valuable company, trailing only Microsoft and Apple. In the most recent quarter, Nvidia's revenues reached $22 billion, a significant increase from $6 billion during the same period the previous year. The majority of analysts anticipate that Nvidia, which dominates over 95% of the specialized AI chip market, will continue to expand at an astonishing rate in the foreseeable future. What sets Nvidia's chips apart and makes them exceptionally remarkable? https://lnkd.in/g6Nm4-Z3 #nvidia #ai #artificialintelligence #aichips #stockvaluation #stockmarket #microsoft #apple

#Topics Nvidia's Revenues Tripled in Q3 [ad_1] Nvidia reported that it earned a net income of $9.2 billion on record revenues of $18.1 billion in the quarter ending October 29. And you’re not going to believe these numbers: Those figures represent gains of 1260 percent and 206 percent year-over-year (YOY). That’s right: NVIDIA’s revenues more than tripled YOY. “Our strong growth reflects the broad industry platform transition from general-purpose to accelerated computing and generative AI,” Nvidia founder and CEO Jensen Huang said. “Large language model startups, consumer internet companies, and global cloud service providers were the first movers, and the next waves are starting to build. Nations and regional CSPs [communications service providers] are investing in AI clouds to serve local demand, enterprise software companies are adding AI copilots and assistants to their platforms, and enterprises are creating custom AI to automate the world’s largest industries. NVIDIA GPUs, CPUs, networking, AI foundry services, and NVIDIA AI Enterprise software are all growth engines in full throttle. The era of generative AI is taking off.”Windows Intelligence In Your InboxSign up for our new free newsletter to get three time-saving tips each Friday — and get f...