AI giant Nvidia approaches a trillion dollar appreciation
The US company’s NVIDIA market appreciation, which specializes in chips covered with chips covered in an artificial intelligence boot, approached Thursday after one party dollar as the company blew up the expectations of the last quarterly revenue.
Nvidia’s shares rose by up to 27 percent and set them in a record of more than $ 900 billion.
If Nvidia hits a single trillion brand, it is related to only five companies’ clubs-all US technical giants except Saudi Aramco, Oil Behemoth.
Nvidia’s chips are a central ingredient for the generative AI revolution that is capable of supplying a computing phone that is needed to change complex content in just a second from data centers around the world.
The company stunned the market on Thursday with income guidelines for the upcoming $ 11 billion quarter, which was over 50 % higher than most forecasts.
“This is a game changer and has a significant wave of wavy in the entire technology state,” said the Wedbush Securities note.
Prior to a major change on Thursday, NVIDIA’s shares had already doubled in the middle of the AI chatbots in 2023, such as Openai’s chatgpt and Google Bard.
– ‘chasing nvidia’ –
Thirty years ago, this little well-known company was originally founded by Jen-Huang, an American Taiwanian engineer, Jen-Huang, was originally a star in the video game world.
The company in Silicon Valley has long been known about the graphics processing units (GPU), which increase the quality of the image and the winning response time for players.
The ability of GPU to handle complex tasks make them better at the same time than conventional computer chips in terms of graphics, as well as handling artificial intelligence.
“Nvidia has become a kind of synonym for AI,” independent technology analyst Rob Enderle told AFP.
The company “has invested in AI for almost two decades. He saw the opportunity, and now everyone else is chasing it,” he added.
Some of the GPU used in data centers cost tens of thousands of dollars per piece, with huge returns to NVIDIA, while worrying about the future of AI innovation to smaller companies.
Uncomfortable dependence on external service providers, such as NVIDIA, US technology giants invest heavily in developing their own chips and producing technology for the house.
NVIDIA’s rise in stock courses is in conflict with other chip manufacturers who predict market slowdown this year, mainly due to the demand for personal computers.
This trend has led to a strong decline in NVIDIA video games, but the increase in the activity of the AI-based information center has been compensated for this slowing down.