NVIDIA Corporation was founded in 1993. It has emerged as an international superpower in visual computing. Famous for their graphics cards for gaming, many were shocked when their stock rose 240% in 2023, but investors who kept a close eye on the company were rewarded for their valid speculation that NVIDIA stock was going to skyrocket. Alongside the rise of AI technology, NVIDIA grew to expand their horizons and become the preeminent supplier of AI chips.
Companies like NVIDIA make the chips that fuel the creation of products such as ChatGPT. The company has become the head of the AI chip industry, and this has led to many realizing the potential they hold. NVIDIA has skyrocketed past its competition and many find it hard to see an end to the rise of NVIDIA stock.
NVIDIA stock Jan 2023-2024
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