- NVIDIA surpasses Microsoft and Apple with a $3.348 trillion valuation.
- Demand for NVIDIA’s AI chipsets drives significant stock growth.
- New platforms Blackwell and Rubin expected to revolutionize AI computing.
NVIDIA has become the most valuable company in the world, surpassing Microsoft and Apple with a market valuation of $3.348 trillion. The chipset maker’s advanced technology, crucial for AI market dominance, has driven its remarkable growth. NVIDIA’s stock has soared by about 173% this year, reaching around $136 per share, in contrast to Microsoft’s 19% increase.
The high demand for NVIDIA’s top-tier processors, essential for AI development, has far outpaced supply, significantly boosting the company’s stock. In just five months, NVIDIA’s market capitalization jumped from $1.21 trillion to $3.348 trillion. Major cloud service providers and approximately 20,000 start-ups rely on NVIDIA’s GPUs to train and run AI applications, making the company a leader in the tech industry.
NVIDIA has introduced two groundbreaking platforms: the Blackwell Platform, which aims to make real-time generative AI possible on trillion-parameter large language models, and the Rubin Platform, featuring new GPUs and a central processor called ‘Vera.’ These innovations are expected to further solidify NVIDIA’s position at the forefront of AI technology.
Additionally, NVIDIA’s data center revenue, which includes AI-related products and services, has now surpassed its video game revenue, highlighting the growing importance of AI to its business. The company’s expansion into fields like deep learning and autonomous vehicles is expected to drive further growth.
