NVIDIA , a pioneer in AI and graphics technology,surpass Microsoft and Apple to claim the title of the world’s most valuable publicly traded company. With a staggering market capitalization of $3.335 trillion on Tuesday as shares of the chipmaker rose by 3.5 percent to $135.58.

Shares of Microsoft and Apple, ranked second and third respectively, declined by 0.45 percent and 1.1 percent.

The Rise of Nvidia

1. AI Dominance

Nvidia’s journey to the top begins with its unwavering commitment to artificial intelligence (AI). As AI applications proliferate across industries, Nvidia’s high-performance GPUs have become indispensable. From self-driving cars to medical imaging, Nvidia chips power the AI revolution.

Note:-Nvidia controls about 80 percent of the market for AI chips used in data centres needed to run AI models such as OpenAI’s ChatGPT.

2. Wall Street Frenzy

Investors are captivated by Nvidia’s meteoric rise. Its stock price has nearly tripled this year alone, adding over $110 billion to its market cap. Wall Street’s optimism about emerging AI technology has fueled this frenzy.

3. Trading Supremacy

Nvidia now dominates trading volumes on Wall Street, accounting for approximately 16% of all S&P 500 trading. Its liquidity and influence are unmatched.

Highlighting its key points evolution and milestones:

Founding and Early Years: Nvidia Corporation was founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem. Initially focused on graphics processing units (GPUs), Nvidia aimed to revolutionize computer graphics.

Breakthrough in Graphics Technology: In the late 1990s and early 2000s, Nvidia emerged as a leader in GPU technology, introducing powerful GPUs like the GeForce series for gaming and Quadro series for professional use, solidifying its reputation in graphics innovation.

Expansion into AI and Computing: In the 2000s, Nvidia expanded its focus beyond gaming, venturing into high-performance computing and artificial intelligence (AI). Its CUDA platform became pivotal for parallel computing and GPU-accelerated applications.

Dominance in Gaming: Nvidia maintained its dominance in the gaming industry with successive generations of GPUs, setting benchmarks in performance and graphics quality with products like the GeForce GTX and RTX series.

AI and Deep Learning: Nvidia became a leader in AI and deep learning technologies, leveraging GPUs for accelerating neural network training and inference, driving advancements in AI research and applications.

Diversification and Acquisitions: Nvidia diversified its portfolio through acquisitions and partnerships, including the acquisition of Mellanox Technologies in 2020 to bolster its data center offerings and the ongoing acquisition of Arm Holdings, a major player in mobile and IoT chip designs.

Financial Performance: Nvidia has consistently delivered strong financial performance, fueled by its leadership in GPUs, expansion into AI and data centers, and strategic acquisitions.

Technological Milestones: Throughout its history, Nvidia has achieved significant technological milestones, such as the introduction of ray tracing technology with RTX GPUs, advancements in autonomous driving with NVIDIA DRIVE, and contributions to scientific computing and supercomputing.

Corporate Culture and Leadership: Led by CEO Jensen Huang, Nvidia is known for its innovative culture, commitment to technology leadership, and strategic vision for shaping the future of computing.

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