Nvidia, the chip giant, now dethrones Microsoft as the most valuable company in the world, becoming the new rising star of the stock market. The group owes this meteoric rise to its judicious bet on artificial intelligence.
Nvidia takes the lead in the stock market
Nvidia's market capitalization reached a stratospheric level of $3.34 trillion on Tuesday, driven by its leading role in designing the essential technologies that fuel the meteoric rise of artificial intelligence.
A 3.7% surge in Nvidia's stock price allowed the graphics semiconductor giant to dethrone Microsoft, relegating the former number one to a valuation of $3.33 trillion. A spectacular leap for Nvidia, which was still in second place in the world just a few months ago.
According to Jensen Huang, CEO of Nvidia. “ Advances in artificial intelligence and accelerated computing are catalyzing a profound and transversal transformation across all sectors of activity. »
Nvidia has embraced this disruption by tailoring its chips to meet the exponential demand for massively parallel computing power essential to training cutting-edge AI systems.
Strategic partnerships and new flagship products
In recent months, Nvidia has increased partnerships with technology leaders like Google, Meta, Microsoft and OpenAI to strengthen its AI ecosystem. The group also unveiled its Blackwell chip in March, promising increased performance for training next-generation AI models.
Nvidia is also betting big on robotics by developing ambitious projects like Groot and Jetson Thor, aiming to realize “ generalized humanoid robotics“. “ Ultimately, every mobile object will be robotic“, predicts Jensen Huang.
In short, with quarterly revenues of $22.1 billion, a meteoric rise of 265% year-on-year, Nvidia is riding the AI tsunami to reach unprecedented heights. By dethroning Microsoft, the former number one, Nvidia displays its voracious appetite to dominate this strategic market.
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