Nvidia, which has made a huge impact in the technology world, has come an incredible way since its founding. Known for its revolutionary innovations in graphics processing units (GPU) and artificial intelligence technologies, the company has become one of the most valuable companies in the world today.
Let’s take a closer look at the impressive journey of Nvidia, which surpassed Apple to become the most valuable company in the world with a market value of $ 3.43 trillion.
Nvidia was founded on April 5, 1993 by Jensen Huang, Chris Malachowsky and Curtis Priem in Sunnyvale, California. The company’s initial goal was to bring 3D graphics to the gaming and multimedia markets. In its early years, Nvidia competed with many startups but managed to gain a permanent foothold in graphics acceleration technology.
The company followed a strong strategy to gain a solid foothold in the graphics processor market. He achieved his first success with the NV1 graphics card released in 1995. However, its real breakthrough came in 1999, when it launched graphics processors (GPU). These graphics processors, which we hear about in almost every technological device today, revolutionized the gaming industry and made Nvidia famous.
This invention was a turning point in the computer industry, revolutionizing graphics processing hardware. Nvidia’s GPUs have found wide use in many fields, including gaming, media production, architecture, engineering and scientific research.
When we came to the millennium, Nvidia’s GeForce series GPUs attracted great attention, especially among gamers. GeForce has redefined the gaming experience with its high-performance graphics processing capabilities. This success of Nvidia rapidly increased the company’s market share and enabled it to get ahead of the competition.
In 2006, Nvidia introduced the CUDA (Compute Unified Device Architecture) interface. This interface opened the parallel processing capabilities of GPUs to scientific research and other high-performance computing fields. CUDA has increased Nvidia’s popularity in the scientific and research communities.
CUDA technology has helped scientists and researchers solve more complex problems. Especially in fields such as physics, chemistry, biology and engineering, great advances have been made thanks to the parallel processing capabilities of GPUs. CUDA has enabled Nvidia to become a leader not only in the gaming world, but also in science and technology.
Many consumers who are not very familiar with technology and who are not very familiar with the game world or virtual environments define artificial intelligence as an innovation of the last 3-5 years. But AI technologies go back much further than that. Artificial intelligence investments have played important roles in the gaming, healthcare, automotive, finance and media sectors.
The first discussion of artificial intelligence and the start of its investments dates back to a meeting known as the Dartmouth Drive in 1956. It was edited by John McCarthy, Marvin Minsky, Nathaniel Rochester and Claude Shannon to support research on artificial intelligence. Artificial intelligence investments have made great progress in many different areas over time and have spread to a wide range today.
In other words, Nvidia did not create success out of nothing by investing in a sector that did not actually exist. We can say that we hit the target with the right investments by correctly calculating the period in which this technology will grow and spread to the base.
In 2012, Nvidia supported the AlexNet neural network AI model used for AI modelling. This model marked the beginning of the modern artificial intelligence era, cementing Nvidia’s leadership in AI technologies. Nvidia has created innovations in many areas with its AI hardware and software.
Nvidia’s work in artificial intelligence has played an important role in the development of technologies such as deep learning and machine learning. In 2016, Tesla started using Nvidia’s artificial intelligence technologies in its autonomous driving systems, once again revealing the company’s success in the field of AI.
In 2018, Nvidia introduced its RTX (Ray Tracing Texel) series GPUs. These GPUs were among the first GPUs capable of real-time ray tracing. RTX technology has made a huge leap forward in gaming and media production by offering greater realism and detail in graphics.
The RTX series has given game developers and content creators the opportunity to deliver levels of visual detail and realism that were not possible before. This technology has also attracted great attention in the film and animation industry, strengthening Nvidia’s position as a technology leader.
With the pandemic, different worlds such as online meetings, remote working and metaverse entered our lives. At this stage, many companies have made different investments, but at the point we have reached today, they all seem to be left behind as unsuccessful experiments. In particular, the metaverse universe left behind that explosion during the pandemic period and could not achieve the expected success.
Nvidia also introduced the Omniverse platform in 2022. This platform played a fundamental role in the construction of the metaverse. Omniverse has become a platform for industrial digitalization and collaboration.
Omniverse stands out as a revolutionary platform for 3D design, simulation and collaboration. It is used for the creation of digital twins and virtual collaboration, especially in the architecture, engineering and entertainment industries. Omniverse has played an important role in shaping the digital world of the future. The fact that the Metaverse universe has not been very successful does not mean that Omniverse will remain the same failure, because the platform launched in 2022 can be used as a cloud service or a private instance running on-premises. It also supports plug-ins and integrations to distribute omniverse content, applications and autonomous control systems across automobiles, robots, building controls, equipment and medical devices.
While the company operates in many areas such as computer hardware, software, cloud computing, artificial intelligence hardware and semiconductors, Nvidia, which has a revenue of 60.92 billion dollars in 2024, has 29,600 employees.
It would not be a correct conclusion to say that the company achieved this success only with the products it produced and their technological superiority. We can say that the company’s support of these investments with strategic partnerships and acquisitions is an important step in its main growth strategy. Nvidia strengthened its presence in the data centers market by purchasing Mellanox Technologies and further strengthened its position in the semiconductor chip market by purchasing ARM Holdings.
Nvidia’s history from its founding until today has had a great impact on the world of technology and science and has contributed to the company becoming one of the most valuable companies in the world. It would not be wrong to say that the company’s innovations and leadership show that it will play an important role in the technology world in the future.
When Nvidia went public (IPO) on January 22, 1999, its share price was $12. Since then, Nvidia’s stock value has increased significantly, thanks to the company’s innovative products, strategic partnerships and industry leadership.
When Nvidia went public (IPO) on January 22, 1999, its share price was $0.12. Since then, Nvidia’s stock value has increased significantly thanks to the company’s innovative products, strategic partnerships and industry leadership. Here are some important dates and share value changes:
We see that the company, which was traded at $ 5.19 in 1999, gained serious profit for itself and its investors in its rise to $ 139.91 today. The company’s rise in the Nasdaq stock market in the last 5 years was 2,595 percent.
It took the Santa Clara, California-based technology company nearly 24 years to reach a market cap of $1 trillion. However, it took approximately 8 months for the company to double its value to 2 trillion dollars. Just 4 months after this success, Nvidia reached 3.3 trillion dollars.
At this point today, Nvidia’s shares traded on the Nasdaq exchange gained 2.84 percent in value on Tuesday, rising to $139.91 per share. The company’s total market value reached 3.43 trillion dollars with the rise in its shares.
Thus, exceeding Apple’s market value of $ 3.38 trillion, Nvidia became the world’s most valuable company for the second time.
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