What is Nvidia’s role in recent AI booms? Why are it’s shares rising?
Nvidia Corp. hit a $1 trillion market cap on Tuesday as shares continued to rise after a hearty earnings report forced Wall Street to reassess the chip industry’s potential surprises from the artificial intelligence boom. Here’s an explanation of Nvidia and its role in the rise of artificial intelligence. How big is NVIDIA by market cap? Nvidia’s $1 trillion valuation makes it the fifth most valuable US company behind Apple, Microsoft, Alphabet and Amazon. From gaming to artificial intelligence: NVIDIA’s Focus Shift Known for its chips used in video games,…Read More