Nvidia's market capitalisation has reached $3.9 trillion, driven by its dominance in AI chip technology. This surge reflects the company's pivotal role in the AI revolution, with its chips becoming the standard for AI processing. Nvidia's revenue for the last quarter amounted to $44.06 billion.
The company's data centre investments are also a key factor, with $750 billion allocated to AI infrastructure, including a $100 billion commitment to the Stargate project. Despite increasing competition, Nvidia's position in the AI market remains strong. One Wall Street analyst believes Nvidia will reach a market cap of nearly $20 trillion by 2030.
Nvidia was founded in January 1993 and launched its first 3D accelerator processor in May 1995. By January 1999, it was included in the NASDAQ. The company's growth has been substantial, with its market cap increasing by 17.05% in one year.
