Nvidia takes the lead⬆️ After surpassing Apple's market cap earlier this month to the 2nd largest company it takes the lead and surpasses Microsoft to become the world's largest company with the market cap of $3.335 trillion. Founded in 1993 by Jensen Huang, Chris Malachowsky and Curtis Priem, Nvidia aimed to bring 3D graphics to gaming and multimedia. Shifted it's focus to the GPU's which transformed computing, science and research. With current AI boom, Nvidia leads in AI computing focused on data center chips which has been used by tech giants like AWS, Google, OpenAI, Microsoft etc., Nvidia's stock has rocketed around 173% this year alone📈 in contrast to Microsoft's 19% rise. In today's benchmark Nvidia breaks the topspot the milestone achieved by Microsoft and Apple since Amazon in 2019, however as the ranking of the top companies has been fluctuating in recent days Nvidia takes the lead. #nvidia #ai #marketcapital
Isha Meera’s Post
More Relevant Posts
-
In a major tech shakeup, NVIDIA, best known for its GPUs, has surpassed Apple for the #2 spot in global company valuation with $3 trillion+ market capitalization. While the titans like OpenAI and Google were locked in a battle for AI platform monopoly, Nvidia quietly emerged victorious. How? - Nvidia largely benefitted from the rise in the demand for AI, with its AI accelerators comprising approximately 80% of the market. This proves that the most important things in business might not be the most obvious ones. Sometimes, the biggest changes come from building the things that help everything else work, even if no one sees them. Here is how you can do it, too: ➤ Solving the Power Problem: Just like a powerful engine allows a car to go faster, new advancements need a lot of ‘power’ to work effectively. Create that ‘power’ by creating the tools that provide this extra power, allowing progress to move forward at a quicker pace. ➤ Betting on the Basics: Building a strong foundation is crucial for any successful project. In some fields, companies chose to focus on building the essential "building blocks" needed for success rather than specific details. This way, they'll be well-positioned to contribute to any future advancements. ➤ Building the Playground: Just like playground equipment sparks the imagination, creates the tools that help fuel creativity and progress across different industries. #tech #apple #nvidia #chips #ai #stocks
To view or add a comment, sign in
-
Nvidia Revs Up, Overtakes Microsoft in Market Cap Race #MarketShareShift The tech world witnessed a surprising shift this week! Nvidia, the graphics processing giant, zoomed past Microsoft in terms of market capitalization. While Microsoft remains a dominant force in software and cloud computing, Nvidia's focus on hardware for AI and deep learning has propelled it to the top. This could be a sign of changing priorities within the industry, with emphasis shifting towards powerful hardware that fuels cutting-edge AI applications. Nvidia's GPUs are the engines behind many of today's most advanced AI models, making them a crucial component in the AI revolution. What are your thoughts? Will Nvidia's hardware dominance translate into long-term market share leadership in AI, or will Microsoft regain its footing? #AI #Nvidia #Microsoft #MarketShare #Technology #FutureofTech #AIHardware
To view or add a comment, sign in
-
🚀 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
To view or add a comment, sign in
-
Nvidia Surges Past Alphabet and Amazon, Hits $1.8 Trillion Valuation! The tech world has a new kingpin! Nvidia has officially surpassed both giants in market capitalization, hitting a mind-blowing $1.8 trillion. So, how did the once "GPU king" become the overall tech king? Gaming Supremacy: ️ Nvidia owns the gaming GPU market, with over 80% share. Gamers demand the best graphics, and Nvidia delivers. AI & Data Center Domination: From powering self-driving cars to AI research, Nvidia's chips are the brains behind the next wave of technology. This booming market sees Nvidia in the driver's seat. Metaverse Multiplier: With the metaverse on the horizon, Nvidia's chips are key to building virtual worlds. This billion-dollar opportunity adds fuel to their already fiery valuation. Innovation Engine: Nvidia isn't resting on its laurels. They continuously innovate, pushing the boundaries of chip technology and staying ahead of the curve. This isn't just a financial win, it's a testament to Nvidia's strategic vision and execution. They've tapped into key growth trends, invested in the future, and delivered value to investors. But the question remains: Can Nvidia maintain its reign? Only time will tell, but one thing's for sure: the chipmaker has established itself as a major player in the tech landscape, and its impact will be felt for years to come. What do you think? #nvidia #nvidiaomniverse #alphabet #amazon #ai
To view or add a comment, sign in
-
Nvidia Becomes the World’s Most Valuable Publicly Traded Company 🤖 Exciting news in the tech world: Nvidia has surpassed Microsoft and Apple to become the world’s most valuable publicly listed company! ▶ Key Highlights: - Nvidia's market cap is now $3.34 trillion, edging out Microsoft ($3.32 trillion) and Apple ($3.29 trillion). - The company provides about 80% of AI chips used in high-end data centers. - Nvidia’s shares are trading around $135 following a 10-for-1 stock split earlier this month. ▶ Humble Beginnings to AI Giant: Founded in 1991 to produce graphics cards for video games, Nvidia has evolved into a cornerstone of AI technology. Its journey included a significant role in the GPU-mining era of cryptocurrencies. ▶ AI Arms Race: Nvidia's GPUs are favored by industry giants like OpenAI, Google, Amazon, and Microsoft for developing advanced AI systems. ▶ Recent Achievements: - Strong Q1 results: $26 billion in revenue, with $22.6 billion from data centers. - CEO Jensen Huang announced the release of new AI chipsets annually, signaling a modern industrial revolution. Nvidia’s rise is a testament to its innovation and strategic foresight in the rapidly evolving tech landscape. 🚀 #Nvidia #AI #TechNews #MarketCap #Innovation #ArtificialIntelligence
To view or add a comment, sign in
-
𝗬𝗲𝘀𝘁𝗲𝗿𝗱𝗮𝘆, 𝗡𝘃𝗶𝗱𝗶𝗮 𝗯𝗲𝗰𝗮𝗺𝗲 𝘁𝗵𝗲 𝗺𝗼𝘀𝘁 𝘃𝗮𝗹𝘂𝗮𝗯𝗹𝗲 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝗶𝗻 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱 𝘄𝗶𝘁𝗵 𝗮 𝗺𝗮𝗿𝗸𝗲𝘁 𝗰𝗮𝗽𝗶𝘁𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗮𝗯𝗼𝘂𝘁 $𝟯.𝟯𝟰 𝘁𝗿𝗶𝗹𝗹𝗶𝗼𝗻. 🚀📈 None of us doubted this would happen, but the pace at which it has grown over the past year is astounding. Think about this: in January 2024, Nvidia had a market cap of around $1.1 trillion, compared to the nearly $3 trillion valuations of Apple and Microsoft. Adding more than $2 trillion in just six months is beyond my wildest imagination! 😲 So, what has made Nvidia what it is? Yes, the AI boom is a major factor, but there are a few more areas that Nvidia got right: 🎯 𝗦𝗽𝗲𝗰𝗶𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗟𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽: Nvidia focused on specializing in specific technologies, such as graphics processing, and established leadership in these fields. This specialization allowed them to use their technologies as a springboard to expand into other areas. 🎯 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆: The company employs a platform strategy to grow in various markets, including Gaming, Professional Visualization, Datacenter, and Automotive. Providing complete computing solutions rather than just chipsets or software has been crucial for their success. 🎯 𝗔𝗜 𝗮𝗻𝗱 𝗠𝗮𝗰𝗵𝗶𝗻𝗲 𝗟𝗲𝗮𝗿𝗻𝗶𝗻𝗴: Nvidia positioned itself well to lead the global market’s adoption of Generative AI, Inferencing, and Large Language Training Models across a wide range of industry verticals, cloud, and enterprise computing. 🎯 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻: By snowballing its product portfolio, Nvidia created a chain-like strategy that moves from one technology to another, ensuring continuous growth and innovation. With AI demands soaring, the Nvidia story is here to stay. Time will only tell what their market capitalization will be by the end of this year! 💪📊 #Nvidia #MarketLeader #AI #TechGrowth #Innovation #BusinessSuccess #FutureOfTech #Leadership #PlatformStrategy #MachineLearning #AIRevolution
To view or add a comment, sign in
-
🚀 NVIDIA Shares Skyrocket More Than 100% In 6 Months: Here's Why 🚀 In recent months, NVIDIA's shares have experienced a significant surge, captivating the attention of investors and tech enthusiasts alike. Several key factors have contributed to this remarkable rise: AI and Data Center Boom: NVIDIA's advanced GPUs are at the heart of AI development and data center expansion. As businesses invest heavily in AI to drive innovation, NVIDIA's cutting-edge technology becomes increasingly indispensable. Dominance in AI Hardware: NVIDIA's GPUs are unmatched in performance for AI and machine learning applications. Their A100 and H100 GPUs are leading the charge in deep learning, making them the go-to choice for enterprises seeking powerful AI solutions. Strategic Partnerships and Acquisitions: NVIDIA's strategic moves, including partnerships with major cloud providers like AWS, Google Cloud, and Microsoft Azure, as well as the acquisition of Mellanox Technologies, have strengthened its market position and expanded its technological capabilities. Gaming and Metaverse Growth: Beyond AI, NVIDIA continues to dominate the gaming sector with its GeForce RTX series. Additionally, the company's vision for the Metaverse, supported by their Omniverse platform, positions them as a key player in the next big digital frontier. Strong Financial Performance: NVIDIA's recent financial results have exceeded expectations, with substantial revenue growth driven by high demand across all its key segments. This robust performance has boosted investor confidence. Semiconductor Shortage: The ongoing global semiconductor shortage has underscored the value of NVIDIA's products. As supply chain issues persist, NVIDIA's ability to navigate these challenges and continue to deliver high-quality chips has given them a competitive edge. 📈 Conclusion: NVIDIA's stock surge exemplifies the adage: "In a gold rush, sell shovels" and is also a testament to its pivotal role in the evolving tech landscape. From AI advancements and gaming to strategic growth initiatives, NVIDIA is not just riding the wave of technological progress but actively shaping the future. #NVIDIA #TechStocks #AI #DataCenter #Gaming #Metaverse #Innovation #Investment
To view or add a comment, sign in
-
🚀 NVIDIA's Shares Skyrocket Thanks to AI Demand Surge! Nvidia's stock recently soared by 6.2%, riding the wave of a broader tech rally triggered by impressive earnings from major players like Microsoft and Alphabet. This surge underscores the increasing demand for advanced AI solutions and the pivotal role Nvidia's cutting-edge graphics chips play in powering these innovations. 🌟💻 The recent earnings reports have highlighted a significant investment in AI infrastructure, with companies like Meta and Microsoft ramping up their expenditures to enhance cloud and AI capabilities. This focus is not just boosting Nvidia's prospects but is also a testament to the critical importance of sophisticated AI chips in shaping the future of technology. At Hanley Automation, we are excited to witness the acceleration in AI technologies, as this is a powerful indicator of the opportunities within the infrastructure space, particularly in data centres and cloud computing, areas where we continue to enhance our offerings. Nvidia's success fuels our enthusiasm for the expansive growth and innovation that lies ahead in the tech landscape. #rockwellautomation #datacenterinfrastructure #datacentercooling #datacentreinnovation #rok
To view or add a comment, sign in
-
A hyper-competitive #AI market can produce some unintended consequences if serious questions are not asked about the not-so-distant future and substantive answers are not provided in response. ------------------- "All of it will likely generate enormous profits for Nvidia and its shareholders, and while I don't give financial advice, I can say that if you're an Nvidia shareholder, you were likely thrilled by Sunday's keynote presentation. For everyone else, however, all I saw was the end of the last few glaciers on Earth and the mass displacement of people that will result from the lack of drinking water; the absolutely massive disruption to the global workforce that 'digital humans' are likely to produce; and ultimately a vision for the future that centers capital-T Technology as the ultimate end goal of human civilization rather than the 8 billion humans and counting who will have to live — and a great many will die before the end — in the world these technologies will ultimately produce with absolutely no input from any of us. " ... "In one segment of the keynote, Huang talked about the potential for Nvidia ACE to power 'digital humans' that companies can use to serve as customer service agents, be the face of an interior design project, and more. This makes absolute sense, since who are we kidding, Nvidia ACE for video games won't really make all that much money. However, if a company wants to fire 90% of its customer service staff and replace it with an Nvidia ACE-powered avatar that never sleeps, never eats, never complains about low pay or poor working conditions, and can be licensed for a fee that is lower than the cost of the labor it is replacing, well, I don't have to tell you how that is going to go." https://lnkd.in/dhNvUHR5
I watched Nvidia's Computex 2024 keynote and it made my blood run cold
techradar.com
To view or add a comment, sign in
-
Nvidia’s ‘stratospheric’ growth is turning heads in the tech world. According to Statista, Nvidia reported record-breaking quarterly revenue on Wednesday, driven by surging demand for its market-leading AI chips. The company posted $26 billion in revenue for the first quarter, marking an 18% increase from the previous quarter and a staggering 262% rise from the same period last year. Net profit soared to $14.9 billion, a dramatic increase from the $2 billion reported a year ago. The explosion in demand for Nvidia's GPUs stems from major tech companies scrambling to build the computing infrastructure necessary for their cutting-edge AI products. This surge has propelled Nvidia's shares up by 110% this year, making it the third-largest company in the world by market value, trailing only Microsoft and Apple. #TechNews #AIGrowth #Nvidia #StockMarket #Innovation #AIRevolution #BusinessGrowth #TechGiants
To view or add a comment, sign in
Indie developer who occasionally writes | Building lamento 🍋
5moAi Trend 📈 after effects