Nvidia’s 2024 market-cap rise was closely associated with demand for its H100 artificial-intelligence GPU.
The H100 is a data-center graphics processing unit designed for demanding computing workloads, including artificial-intelligence model training and inference. Strong demand for such accelerators helped Nvidia become one of the world’s most valuable public companies in 2024.
Nvidia’s products are not limited to the physical chips. The company also develops software and systems that help customers program and deploy accelerated computing. This combination strengthened its position in data centers as businesses invested in generative-AI infrastructure.
The H100 is sometimes described as a consumer graphics card, but it is primarily a data-center accelerator. Nvidia’s market capitalization still depended on public share prices and could change independently of any single product’s sales.