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Nvidia surpasses Apple – market worth of $ 3 trillion because of the AI ​​increase

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Nvidia surpasses Apple – market worth of $ 3 trillion because of the AI ​​increase

The street to success

Thanks to the event of AI, Nvidia has reached a market worth of greater than three billion US {dollars} and has surpassed Apple.

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Blackwell AI Factory
© Nvidia

Nvidia has reached a milestone: the corporate’s market worth has handed the three billion greenback mark, placing Nvidia forward of Apple and now putting itself instantly behind Microsoft. This growth is essentially pushed by the rise of synthetic intelligence (AI), which is inflicting the demand for Nvidia’s highly effective chip techniques to skyrocket.

Nvidia’s know-how was initially designed for graphics playing cards, however has confirmed to be very efficient for computing duties in AI purposes. This flexibility has made Nvidia a key participant within the AI ​​area. The firm’s chips are in excessive demand for coaching AI software program in information facilities, resulting in a rise in gross sales from $7.2 billion final yr to $26 billion final quarter – a 262 % enhance.

Nvidia’s newest chip techniques, such because the A100 and H100, provide unprecedented computing energy and are optimized for operating and coaching AI fashions. These plans are so sturdy that they trigger shortages till subsequent yr as demand outstrips provide.

6.6.2024 von
Leif Bärler

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