From its humble beginnings in an American diner, to CEO Jensen Huang attaining rock star status, CNA takes a look at the journey - and the growing hype - behind Nvidia.
SINGAPORE: In March, artificial intelligence chip giant Nvidia’s market capitalisation exceeded US$2 trillion.
Nvidia’s second chip, meanwhile, was “doomed” from the start, even while it was being developed for video game firm Sega. For many years, he would go on to kick off presentations to staff by reciting Nvidia's unofficial motto: “Our company is thirty days from going out of business”. In contrast, rival companies such as Intel and Advanced Micro Devices were focused on producing central processing units .
Today, with AI creeping into popular tech platforms – from Netflix to social media apps – Nvidia’s chips are becoming more and more central to the man on the street and to everyday life. In tandem, the firm now holds its own among names that consumers have been more familiar with.It's not just that he fronts the company’s chip launches, which have been likened to Apple events.
Last year, Singapore contributed US$2.7 billion or around 15 per cent to Nvidia’s revenue for the third quarter.
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