Beginning their journey in a modest Denny's, Nvidia has skyrocketed to become a dominant force in the technology industry. Outshining major tech players, Nvidia's $960 billion market cap now overshadows Facebook ($665B), Tesla ($618B), and Netflix ($168B). It's their monumental growth that solidifies our confident and long-standing endorsement of Nvidia.
Nvidia's Game-Changing Invention: The GPU
Back in 1999, Nvidia transformed the technology landscape by introducing the world to the graphics processing unit (GPU). Their GeForce series swiftly emerged as a crucial asset for PC and console games requiring advanced graphics.
Elevating GPU Programming: The Launch of CUDA Computing Platform
Nvidia didn't halt their innovation at GPUs. In 2007, they unveiled the CUDA computing platform, which revolutionized GPU programming and led AI enthusiasts towards Nvidia's superior technology.
A Nvidia representative noted, "We acknowledged early that accelerated computing was necessary to address the world's most pressing issues. Thus, we committed to crafting CUDA in its entirety, thereby bestowing millions of developers with the capability of general-purpose acceleration."
GPUs & Generative AI: A Perfect Pair
GPUs, as it turns out, are ideal for the rigorous data processing and model training needs of generative AI. Nvidia stands unrivalled in providing large memory chips, with their top-tier A100 series costing $10K each.
Envisioning a CPU to Gen AI Shift: CEO Jensen Huang's Market Forecast
Nvidia's CEO Jensen Huang anticipates a substantial shift in the trillion-dollar data center market: "Historically, data centers globally were 100% CPU-based. However, I predict that in the next 5-10 years, a large portion of this $1 trillion market will be dominated by gen AI."
With the tech gold rush in full swing, Nvidia's GPUs are shaping up to be the most lucrative 'shovels' ever seen.
Our unwavering support for Nvidia from the outset is a testament to their relentless innovation, risk-taking prowess, and strategic brilliance. They're not merely reshaping the future of technology; they are a shining example of the transformative power that aligns ambition, vision, and action.
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