Wednesday, November 6th 2024

NVIDIA Surpasses Apple as the World's Most Valuable Company

by
btarunr
 Discuss (38 Comments)
Valued at $3.43 trillion against Apple's $3.38 trillion at the time of this writing, NVIDIA Corporation is now the most valuable company in the world. NVIDIA has been the hottest tech stock since 2021, as it created the most valuable IP of this decade—AI GPUs, which were ready just in time for OpenAI and ChatGPT to open its doors, jumpstarting the generative AI revolution. NVIDIA's AI GPUs didn't come to being overnight, the company had been investing in the parallel computing and HPC space since the 2000s, with its CUDA programming language that lets application exploit the SIMD parallelism of its GPUs. In the mid-2010s, the company created the Tensor core, accelerating AI, and invested heavily in AI frameworks. Some of the most fundamental research leading up to GPT was done on NVIDIA GPUs. This would lead to the big payoff in the 2020s, helping NVIDIA become a multi-trillion-dollar company. Founding CEO Jensen Huang has been NVIDIA's brains and spine throughout the company's 30+ year journey, and its success could not be possible without him at the reins.
Source: CNBC

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38 Comments on NVIDIA Surpasses Apple as the World's Most Valuable Company

#1
csendesmark
They should just buy intel at this point :D
Posted on Reply
#2
JohH
Again?
csendesmarkThey should just buy intel at this point :D
There are many companies which could buy Intel. No one actually wants to, unless they spin off their fabs.
Posted on Reply
#3
bobsled
JohHAgain?


There are many companies which could buy Intel. No one actually wants to, unless they spin off their fabs.
May be a smart move for Nvidia, if they could get approval (doubt it). Having fabs at your disposal, despite yields not being there yet on some process nodes, is a huge advantage over being at the mercy of TSMC’s queues.
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#4
N3utro
csendesmarkThey should just buy intel at this point :D
Why would they buy intel when all their own tech is better than intel's?
Posted on Reply
#5
Vayra86
It seems like Huang FINALLY has enough money to get rid of those cheapo leather jackets now.

He looks so happy I think he'll give Blackwell away on deep sale.
Posted on Reply
#7
csendesmark
N3utroWhy would they buy intel when all their own tech is better than intel's?
When it comes to intel's ARC, yes
But if they can enter the CPU market as well, that would be a real beast of a company.
~61% of the x86 CPU market
~80+% on the GPU market
Posted on Reply
#8
PaddieMayne
csendesmarkWhen it comes to intel's ARC, yes
But if they can enter the CPU market as well, that would be a real beast of a company.
~61% of the x86 CPU market
~80+% on the GPU market
And you think it's good for consumers for one company to hold and control the majority of the Gpu/Cpu market?
Posted on Reply
#9
L1on
I don't think this will stay for long time >>> after the so high demand finish < AI chips not like our phone
Posted on Reply
#11
csendesmark
PaddieMayneAnd you think it's good for consumers for one company to hold and control the majority of the Gpu/Cpu market?
It is a for profit company, they do what they do...
Personally I would love to own an 5090/5080, but wouldn't get an intel CPU in the next 2~3 years.
N3utroThey are already planning to do that on their own
Plans might change, they often do.
I never said, that they are actually going to buy up intel.
Posted on Reply
#12
azrael
Maybe I remember incorrectly, but wasn't Google that invented the tensor core?
Posted on Reply
#13
dj-electric
azraelMaybe I remember incorrectly, but wasn't Google that invented the tensor core?
There's no such thing as "the tensor core". There are particular processing units which NVIDIA calls Tensor cores, those were found on the Tesla V100 back in 2017.
There's also a mobile SoC which google calls Tensor G#, which can be found in their phones. These came out first in 2021 with the Pixel 6
Posted on Reply
#14
tpa-pr
Well, I may not be a fan of the company and their products but they're obviously doing many things right, so kudos to them. I only hope their competition can pull their proverbial fingers out and compete already. We really don't want a silicon monopoly happening, especially headed by a boutique company with boutique prices...
Posted on Reply
#15
azrael
dj-electricThere's no such thing as "the tensor core". There are particular processing units which NVIDIA calls Tensor cores, those were found on the Tesla V100 back in 2017.
There's also a mobile SoC which google calls Tensor G#, which can be found in their phones. These came out first in 2021 with the Pixel 6
I'm not thinking of Google's mobile SoC, but I still believe I heard Google talk about tensor cores before nVidia. Not that it matters either way.
Posted on Reply
#16
Daven
tpa-prWell, I may not be a fan of the company and their products but they're obviously doing many things right, so kudos to them. I only hope their competition can pull their proverbial fingers out and compete already. We really don't want a silicon monopoly happening, especially headed by a boutique company with boutique prices...
I would say Apple, Qualcomm, AMD and others are doing a pretty good job right now when it comes to chips. AMD even exceeded Intel’s data center revenue in the last quarter. Give them all a chance to continue innovating into the vacuum left by Intel and hopefully that will give these companies enough resources to bring Nvidia down a peg or two.
Posted on Reply
#17
Legacy-ZA
Yet, it's never enough.

How about a well priced new generation of GPU's to celebrate this milestone Huang?
Posted on Reply
#18
FreedomEclipse
~Technological Technocrat~
This picture is fake. Ai generated. There is no way Jensen would leave the house or his office without his leather jacket.

Posted on Reply
#20
usiname
Vayra86It seems like Huang FINALLY has enough money to get rid of those cheapo leather jackets now.

He looks so happy I think he'll give Blackwell away on deep sale.
His jacket cost $9000 by the way
Posted on Reply
#21
bonehead123
They could have easily achieved this goal a lot sooner, if jacket man would have stopped buying soooooo many new jackets every day/week/month/year....but we can't have the CEO of the company running around in anything other than his preferred attire now can we ?
Posted on Reply
#22
Chrispy_
So much of that value is just people paying through the nose with AI FOMO.

ChatGPT is pretty cool but I'm not sure it's going to remain cool as the ratio of AI-generated stuff to human-curated material on the web starts to affect the accuracy of training. I can only see the potential for a positive feedback loop where AI is trained on AI-influenced content and reinforces its own mistakes.
Posted on Reply
#23
chodaboy19
This could be a good opportunity for nVidia to "force" the licensing of x86 for a price in the billions. But that may also be like driving the nail even deeper into the Intel coffin...
Posted on Reply
#24
Paganstomp
The common Joe Six Pack didn't make this happen.
Posted on Reply
#25
Philaphlous
FreedomEclipseThis picture is fake. Ai generated. There is no way Jensen would leave the house or his office without his leather jacket.

I was literally just going to say this... that leather jacket is getting more and more expensive... Maybe Tim Cook should try out some real leather... might help his brand....
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