Nvidia, founded in 1993 by Jensen Huang, became a market-capulation leader through graphics processors and artificial intelligence chips.
Huang co-founded Nvidia with Chris Malachowsky and Curtis Priem in 1993. The company initially focused on graphics-processing technology for computer games, where specialized chips could rapidly render images and video.
Nvidia later developed CUDA, a platform that lets developers use graphics processors for general-purpose parallel computing. That technology helped make Nvidia hardware important in scientific computing, cloud services, and machine-learning systems, not only gaming.
The company’s rapid rise in market value was closely connected to demand for data-center accelerators used to train and run generative artificial-intelligence models. Market capitalization measures investor expectations as well as present earnings, so the valuation can rise sharply when investors anticipate strong future growth. Nvidia is sometimes confused with AMD because both make computing and graphics products, but they are separate companies.