Driven by the increasing demand for AI chips and the reliance of tech companies, Nvidia has surpassed Apple and Microsoft to become the world's most valuable company, with a market capitalization of $3.92 trillion.
Nvidia: The American chipmaker Nvidia has made history in the technology world. Fueled by the growing craze for Artificial Intelligence (AI) and investor confidence, Nvidia has now become the world's most valuable company. This achievement has surpassed giants like Apple and Microsoft. On Thursday, the company's market capitalization reached $3.92 trillion, significantly higher than Apple's $3.915 trillion and Microsoft's $3.7 trillion.
Company Value Increased Eightfold in 4 Years
Nvidia's success didn't happen overnight. In 2021, the company's market capitalization was approximately $500 billion. However, the demand for AI technology and the company's strategic planning have increased its value eightfold in just four years, reaching almost $4 trillion. This growth is so significant that Nvidia is now worth more than the total market value of all listed companies in the UK.
Today's Tech World is Incomplete Without AI
In today's world, AI is not just a trend but the future of technology. Chatbots, automated systems, robotics, smart applications – all rely on AI models. The hardware most needed to train these models is the GPU (Graphics Processing Unit) – and Nvidia is unparalleled in this domain.
Investor Confidence is the Biggest Strength
A major reason for Nvidia's success is the tremendous investor confidence. Seeing the growth in the AI sector, investors have heavily invested in Nvidia. Its value in the stock market has been consistently increasing. That's why Nvidia's shares have increased by more than 150% in the first half of 2024 alone.
Nvidia's Clients are Global Tech Giants
Tech companies like Microsoft, Amazon, Meta, Google (Alphabet), and Tesla are using Nvidia's high-performance chips to operate their AI data centers. Nvidia's H100 and A100 GPU chips have become the industry standard for AI and machine learning models.
Growth in AI, Autonomous Vehicles, and Gaming
Although Nvidia is recognized today as an AI chipmaker, its scope is much broader. The company has also established a b presence in autonomous car technology, gaming graphics, supercomputing, and virtual reality. In the coming years, Nvidia's dominance in these industries is also expected to increase.
Will Nvidia's Momentum Slow Down?
According to experts, there are currently no signs that Nvidia's momentum will slow down. The demand for AI is constantly increasing, and the need for advanced GPUs for data centers, cloud infrastructure, and supercomputing is also growing day by day. Chip companies like Intel and AMD are certainly in competition, but Nvidia has so far surpassed them all in terms of technological innovation and performance.
