- NVIDIA has briefly become the first company to reach an evaluation of $ 4 billions
- The income from the data center and AI constitute a large part of the success of Nvidia
- Despite a brief decline, it remains the most precious business in the world
After months that are fighting to become the most precious company in the world, and briefly holding this title on several occasions, Nvidia became the first company to have reached an astounding market capitalization of 4 billions of dollars.
Although the value of the company has since slightly dropped, at only 3.972 dollars of dollars when writing the editorial’s time, it remains the most precious company in the world ahead of Microsoft and Apple – the only two other companies to have succeeded in the 3 coveted dollars.
Although fluctuations continue to see the three companies modifying the positions, NVIDIA continues to see strong growth due to the continuous demand for IA chips.
NVIDIA becomes the world’s leading company of $ 4 dollars in the world
A large part of NVIDIA’s success can be awarded to the launch of Chatgpt in November 2022, because its stock has increased by more than 15 times in the past five years due to AI demand.
More recently, NVIDIA shares have increased by 15% per month and 22% up to date.
The news comes the year after Nvidia has reached 2 dollars (February 2024) and 3 dollars (June 2024).
Internally, NVIDIA’s profits also continue to grow, with turnover in the first quarter up 12% in one quarter and health of 69% from one year to the next. The company also revealed that income from the data center also increased by 73% compared to last year, representing more than 88% of the company’s total income.
“The global demand for NVIDIA AI infrastructure is incredibly strong. The generation of AI inference tokens has increased tenfold in just one year, and as AI agents become common, the AI IT demand,” said CEO Jensen Huang.
This marks a departure from the past of Nvidia, when it was known for its game GPUs. With Nvidia Stock worth only 1% of what it is worth today eight years ago, it is not clear how much the company could live more.
