Nvidia designed the GeForce graphics processors and became the first chipmaker to exceed a $3 trillion market value.
Nvidia passed the $3 trillion market-capitalization mark in June 2024, as demand for its accelerated-computing hardware surged. Investors focused especially on chips and systems used to train and run artificial-intelligence models.
The company was founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem. Nvidia’s GeForce brand, introduced in 1999, helped popularize graphics-processing units for personal computers and gaming.
Nvidia is not primarily a traditional contract chip manufacturer. It designs processors and platforms, while specialized semiconductor foundries manufacture many of its chips. Its CUDA software ecosystem also helped make Nvidia hardware important for scientific computing and AI workloads.