Nvidia CEO Jensen Huang's big bet on A.I. is paying off as his core technology powers ChatGPT

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Nvidia dominates the market for graphics processing units. But Nvidia’s latest earnings beat points to a new phenomenon in the GPU business. The technology is now at the center of the boom in artificial intelligence.

Nvidia Founder and CEO Jensen Huang shows CNBC's Katie Tarasov a Hopper H100 SXM module in Santa Clara, CA, on February 9, 2023."It's very easy to use their products and add more computing capacity," said Vivek Arya, semiconductor analyst for Bank of America Securities. "Computing capacity is basically the currency of the valley right now."

Today, Nvidia is among the world's 10 most valuable tech companies, with a market cap of close to $600 billion. It has 26,000 employees and a newly built polygon-themed headquarters. It's also one of the few Silicon Valley giants with a founder of 30 years still at the helm. Nvidia founders Curtis Priem, Jensen Huang and Chris Malachowsky pose at the company's Santa Clara, California, headquarters in 2020."They were one among tens of GPU makers at that time," Arya said. "They are the only ones, them and AMD actually, who really survived because Nvidia worked very well with the software community, with the developers."

In 1999, after laying off the majority of its workforce, Nvidia released what it claims was the world's first official GPU, the GeForce 256. It was the first programmable graphics card that allowed custom shading and lighting effects. By 2000, Nvidia was the exclusive graphics provider for Microsoft's first Xbox. In 2006, the company made another huge bet, releasing a software toolkit called CUDA.

 

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AI has been around for years…… Why the pump in the last 3 months?

If $NVDA is a leader, why are their financials absolutely trash? Why has the NVIDIA C-Suite been dumping their shares? 🤡🤡

If CEO Huang would simply embrace the GPU mining community & companies like $Flux that provide rendering services for both A.I. & gaming…NVIDIA would continue to be the tip of the spear for graphics processing…

⚠️CCP

NBCUniversal media LLC wrongful report Baiting Jiang, Baiting Jiang is suing NBCUniversal media LLC in Federal court. Baiting Jiang won appeal in 9th Circuit Court on March 17,2023 as a student without US attorney representing her, case no. 21-17029. Who believe NBC’s reports?

Nvidia really should pay CNBC for their coverage

But Nvidia produces its high end chips in Taiwan. What happens if China invades?

This is nonsense. NVDA beat on gaming, missed and down QoQ in data center (aka AI)

CNBC trying to save NVDA stock price drop 🙃

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has an agenda when showing $NVDA. It's focused on their advertising revenues. No one on CNBC is willing to admit that its over-hyped and over-valued.

Yet they are set to sell $1.1 billion of chips to ChatGPT between 2020 and 2024 and market cap rose 150 billion on AI news so they just need record growth and 50 Ai companies the size of ChatGPT to bring the PE down under 60 in the next 10 years.

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