By IndexBox Inc.
Publication Date: 2026-04-26 13:50:00
Apr 26, 2026
Nvidia (NASDAQ: NVDA) has experienced a share price increase of more than 1,100% since the public release of ChatGPT-3 at the end of 2022, according to a recent report from Yahoo Finance published on April 26, 2026.
Core Business
The company designs graphics processing units (GPUs). While originally created for video game graphics rendering, these chips are highly effective at performing the parallel mathematical calculations required for artificial intelligence. Unlike traditional processors that handle tasks sequentially, a GPU processes thousands of operations simultaneously, making it well-suited for AI workloads. Nvidia‘s early vision positioned it ahead of competitors when the current AI boom began.
For its fiscal year 2026, ending January 25, Nvidia reported $215.9 billion in revenue, a 65% increase from the previous year. This represents roughly a ninefold rise from $27.0 billion just three years prior. In the fourth quarter, data center revenue—driven almost entirely by AI demand—reached $62.3 billion, growing 75% year over year. The company’s gross margins stand above 75%.
Competitive Moat
While Nvidia’s chips are the most powerful available, the core of its competitive advantage lies in its software platform. The Compute Unified Device Architecture (CUDA), developed in the early 2000s, enables GPUs to train and run AI models. CUDA has become the industry standard and works exclusively with Nvidia hardware,…