2024 - The Rise of a world’s second most valuable company ‘Nvidia’: From Graphics Giant to Tech Titan
- You will be shocked to know there is a lesser known brand valuable than, Apple, Google, Amazon etc. Its ‘Nvidia’. You read it right it’s Nvidia . Long known for their dominance in the graphics card market for PC gamers, Nvidia quietly carved a niche in a booming tech sector: artificial intelligence. Nvidia's ascension to the world's second-largest company by market cap in 2024 caught many by surprise. Nvidia Corporation is a technology company known for designing and manufacturing graphics processing units (GPUs) . NVIDIA engineers the most advanced chips, systems, and software for the AI factories of the future . It builds new AI services that help companies create their own AI factories (nvidea website). The AI powerhouse Nvidia saw its shares surge by 5.2% during June 2024, raising its market capitalisation to $3.02 trillion. This impressive growth has allowed Nvidia to surpass Apple and become the world's second-largest company, behind Microsoft, which holds a