Nvidia is identified by the stock ticker NVDA and became the world's most valuable company in 2024.
Nvidia's market value surged as investors anticipated enormous demand for its graphics processing units, or GPUs. These chips are central to training and running many artificial-intelligence systems, in addition to their longstanding use in computer graphics and gaming.
The company was founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem. Its early focus was graphics hardware, and it popularized the use of programmable GPUs for demanding visual computations.
Market-cap rankings change whenever share prices move, so the leading company can vary by day. Nvidia's rise does not mean it became the largest company by revenue; market capitalization reflects investors' valuation of future prospects as well as current business performance.