A lucky bet and unlimited coffee: How Nvidia become the world's most valuable company

Name any major tech brand - from Google to Amazon to Tesla to ChatGPT - and the chances are Nvidia is involved in some way. The company - which makes computer chips - may not be a household name in the UK, but it has just leapfrogged Microsoft and Apple to become the most valuable public company in the world. It is now worth more than $3.3tn - with its share price up by almost 600,000% from when it first traded on the US stock market back in 1999.

Clever bet Engineers realised that the chips were able to perform calculations in ways regular CPUs could not - making them more energy efficient and better able to handle sophisticated computing tasks. So by the mid-2000s Nvidia began marketing its products at other types of tech firms, before then branching out further by investing heavily in artificial intelligence in the 2010s. One example was car companies - which soon turned to the firm for help with driver-assistance software.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

SK hynix shimmies towards AI silicon by driving merger of South Korean Nvidia challengersSapeon and Rebellions think they can do better together
출처: TheRegister - 🏆 67. / 61 더 많은 것을 읽으십시오 »

Supermicro plans to flood market with liquid-cooled datacenter techThree new Silicon Valley campuses in pipeline to meet demand
출처: TheRegister - 🏆 67. / 61 더 많은 것을 읽으십시오 »

Nvidia vaults past Apple and Microsoft to become world’s most valuable companyLandmark moment for US chipmaker caps explosive rally fuelled by investor excitement over artificial intelligence
출처: FT - 🏆 113. / 51 더 많은 것을 읽으십시오 »