Nvidia’s market value surges due to AI prominence rather than GPUs

Nvidia’s market value surges due to AI prominence rather than GPUs

Nvidia, the Californian tech company known for its PC GPUs, has seen a surge in market value, briefly overtaking Apple as the world’s most valuable company. And the reason isn’t video games. It’s AI. On Friday last week Nvidia’s… Article Source https://www.eurogamer.net/nvidias-market-value-surges-due-to-ai-prominence-rather-than-gpus

The ascent of Nvidia’s market value to $2.6 trillion through its rise in AI prominence, quantified

The ascent of Nvidia’s market value to .6 trillion through its rise in AI prominence, quantified

Nvidia, a leading chipmaker, has experienced significant growth in its stock price and market value this year. The company’s stock price has more than doubled, increasing its market value by over $1.3 trillion. Nvidia reported better-than-expected quarterly results, attributing its success to the growing demand for its semiconductors used in AI applications. The company’s revenue … Read more