One week after reporting the first quarter’s strong income, NVIDIA has surpassed Microsoft in the market value to become the most valuable company in the world through market capitalization.
NVIDIA shares increased by 3 % on Tuesday, causing AI chip maker A Market cap Microsoft’s 44 3.44 trillion more than 45 3.45 trillion. At the time of writing, Nvidia and Microsoft have maintained their market values.
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“Nvidia’s global demand for AI infrastructure is incredibly strong,” NVIDIA CEO Jensen Huang Described in the press release Last week, “countries around the world are recognizing AI as the necessary infrastructure – just like electricity and the Internet – and Nvidia stands at the center of this deep change.”
Nvidia is in the center of AI Boom. Its powerful AI chips are used by companies such as Openi, Meta, Google, Amazon, and Oracle to create offering offers and Google’s Geminis.
This is the first time in about five months when Nvidia reached the first place. Cnbc NVIDIA was the last time the most valuable company. January 24. NVIDIA has been one of the world’s three most valuable companies since last June, changing locations with Microsoft and Apple.
Jensen Huang, CEO of Nvidia. Photo I-HWA Cheng / AFP
NVIDIA’s first quarter earning defeat was defeated last week Wall Street expectationsLast year, revenue increased by 69 % compared to the same period, up from $ 26.04 billion to $ 44.06 billion. Meanwhile, NVIDIA data center revenue growth rate is 73 %, which has increased to $ 39.1 billion, while its gaming division increased by 42 % to $ 3.8 billion.
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NVIDIA has stock Growing Over 1,400 % over the last five years and more than 20 % last year.
The foundation of the Navidia was founded three decades ago and in the past decade, the video game graphics has been laid, from the chipmost to the AI ​​chip powerhouse, with it. 70 % to 95 % Market share for AI chips. In April, the company announced that it was bringing AI chip and supercomputer manufacturing for the first time in the United States, and was building a new manufacturing plant nationwide to support the effort.