When the American chip company Nvidia was founded 31 years ago, only gamers had it on their radar: its graphics chips brought life to 3D worlds on their computers. Today, Nvidia is the most valuable company in the world and its main business area is no longer gaming, but AI.
Apple, Google, Microsoft – Nvidia has now left everyone behind in terms of market value and is valued at 3.1 trillion euros, its share price has increased almost tenfold since 2022; The background is the AI revolution: no other chip manufacturer has processors in its range that are as suitable for training AI models as those from Nvidia. Krone+ explains why this is the case and which chips the AI industry wants to rely on after Nvidia’s graphics processors in the big analysis.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
