Nvidia’s rise to $4 trillion: A timeline of its market capitalisation

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Nvidia was founded in 1993 as a manufacturer of graphics processing units (GPUs) for gaming by Jensen Huang, Chris Malachowsky, and Curtis Priem in Santa Clara, California.

The company made history on July 9 when its market capitalisation crossed $4 trillion, the first public company in the world to do so. This reflects Wall Street’s stamp of approval for all things AI, for which the company’s advanced chips are crucial.

Nvidia’s initial focus was on developing GPUs for video gaming and graphics-intensive applications. Through the 1990s, it…



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Nvidia’s rise to $4 trillion: A timeline of its market capitalisation



Nvidia was founded in 1993 as a manufacturer of graphics processing units (GPUs) for gaming by Jensen Huang, Chris Malachowsky, and Curtis Priem in Santa Clara, California.

The company made history on July 9 when its market capitalisation crossed $4 trillion, the first public company in the world to do so. This reflects Wall Street’s stamp of approval for all things AI, for which the company’s advanced chips are crucial.

Nvidia’s initial focus was on developing GPUs for video gaming and graphics-intensive applications. Through the 1990s, it…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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