Which company, founded in 1993, became a leading global producer of graphics processing units and a market-cap giant?

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Nvidia, founded in 1993, became a leading global producer of graphics processing units and a market-cap giant.

Nvidia was established by Jensen Huang, Chris Malachowsky, and Curtis Priem in 1993. The company first became known for graphics processors used in personal computers and video games. Its hardware and software later became important to professional visualization, scientific computing, and artificial intelligence.

Nvidia’s CUDA platform helped developers use graphics processors for general-purpose parallel computing. That capability became especially valuable for training and running modern AI models, which require enormous amounts of computation. Rising demand for data-center accelerators helped drive a dramatic increase in Nvidia’s revenue and share price.

Its market capitalization can move sharply because investors price in expectations about future AI and semiconductor demand. Nvidia is sometimes confused with Intel or AMD, but its strongest recent market identity has been as a supplier of accelerated computing hardware and software.

Source: Wikipedia · fact-checked Oct. 2026

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