21 June 2024

Nvidia, the world’s most valuable company

By Redoy K

Nvidia, founded in 1993, has become the world’s most valuable company with a market cap of $3.34 trillion. Initially focused on GPUs for gaming, Nvidia’s technology has become crucial for AI development. The company’s success is driven by its dominance in the discrete GPU market and the increasing demand for AI processing power. Nvidia’s stock has tripled in 2024, reflecting its pivotal role in the AI industry and continued technological innovations. Daily Star