Wednesday, November 6th 2024

NVIDIA Surpasses Apple as the World's Most Valuable Company

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

#51
Zazigalka
<another generic leather jacket comment for attention>
Posted on Reply
#52
kapone32
Dr_b_the market for apple products is likely saturated
The North American and European School system is still very lucrative.
Posted on Reply
#53
Lew Zealand
kapone32The North American and European School system is still very lucrative.
And price sensitive. They buy Chromebooks.
Posted on Reply
#54
kapone32
Lew ZealandAnd price sensitive. They buy Chromebooks.
I mean what is officially supported.
Posted on Reply
#55
Lew Zealand
kapone32I mean what is officially supported.
Are you talking about college/post-secondary school? Yeah you need a PC or a Mac, but in primary/secondary/grammar/middle/high school Chromebooks are the standard.
Posted on Reply
#56
Dawora
Nvidia > Amd

And soon Nvidia chiplet+HBM4
Rip Amd gpus
Posted on Reply
#57
Tomorrow
DaworaNvidia > Amd

And soon Nvidia chiplet+HBM4
Rip Amd gpus
Blackwell is already chiplet and HBM4 will not be exclusive to Nvidia.
Nvidia's ace is not hardware, it's CUDA.
Posted on Reply
#58
tpuuser256
TomorrowBlackwell is already chiplet and HBM4 will not be exclusive to Nvidia.
Nvidia's ace is not hardware, it's CUDA.
AMD's UDNA will be an interesting watch
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