... there's every reason to believe that NVIDIA could become the world's largest market capitalization in the not-too-distant future.
Founded in 1993, NVIDIA clearly doesn't have the renown of giants like Amazon, Apple, Google or Microsoft. And yet, Jensen Huang's group is currently experiencing insane growth, which could soon see it overtake the e-commerce behemoth and even the most imposing American tech companies. Indeed, just a few days ago, NVIDIA's share price had reached new heights, to the point where its market capitalization flirted with that of Amazon ($1731 billion), the world's fifth-largest company on this criterion alone.
Since its foundation, NVIDIA has specialized in semiconductors and, in particular, graphics processors. Initially used on so-called 3D accelerator cards, these graphics processing units (GPUs) have proved - over the years - to be far more complex and powerful than AMD and Intel central processing units (CPUs). The transistors integrated into these chips number in the tens of billions, and their computing capacities open up new horizons that were undreamt of just ten years ago. The artificial intelligence revolution has completely reshuffled the deck, and NVIDIA, the leader in the field, is dreaming big, very big indeed.
The widespread use of artificial intelligence means that countless servers, with their inordinate computing power, will be needed everywhere and for everyone. This is a boon for NVIDIA and its GPUs, which have shown themselves to be particularly at home in everything to do with artificial intelligence. Countless companies around the world are placing orders with NVIDIA, which is struggling to keep up, as the company's multiple GPU/graphic card shortages attest.
Over the last twelve months, NVIDIA's share price has tripled, logically tripling its market capitalization. A rise that perfectly illustrates the world's appetite for artificial intelligence and investors' confidence in NVIDIA's current and future capabilities. All scenarios are therefore possible for the American company, which is now hot on the heels of Amazon as the world's largest market capitalization, having overtaken Meta (parent company of Facebook) by a wide margin. Next, Google and Saudi Aramco will be in NVIDIA's sights before, why not, taking on the two current behemoths, Apple and, above all, Microsoft, which is also investing heavily in artificial intelligence.
