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See how Nvidia became one of the world’s most valuable companies

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Nvidia grew from an obscure chip designer to one of the most valuable companies in the world thanks to the AI boom

The AI gold rush has benefitted the Silicon Valley chipmaker like no other company, briefly making it worth more than Apple and Microsoftto become the world’s most valuable company, with a market capitalization

For most of its three decades of existence, Nvidia was mostly a niche player, making computer chips for video games, but the company’s central position in the artificial intelligence boom has led to a spectacular rise. Meta’s grand plans for the metaverse have yet to pan out, but at the time, some investors were betting it was the next big thing.At the end of 2022, OpenAI, an artificial intelligence lab founded as a nonprofit in 2015 uneiled ChatGPT. It was more capable than any chatbot that regular people had interacted

 

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