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April 24, 2024


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About the Company

Nvidia Corporation (, en-VID-ee-ə) is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware. It is a software and fabless company which designs and supplies graphics processing units (GPUs), application programming interfaces (APIs) for data science and high-performance computing as well as system on a chip units (SoCs) for the mobile computing and automotive market. Nvidia is also a dominant supplier of artificial intelligence (AI) hardware and software. Nvidia's professional line of GPUs are used for edge-to-cloud computing and in supercomputers and workstations for applications in such fields as architecture, engineering and construction, media and entertainment, automotive, scientific research, and manufacturing design. Its GeForce line of GPUs are aimed at the consumer market and are used in applications such as video editing, 3D rendering and PC gaming. In the second quarter of 2023, Nvidia had a market share of 80.2% in the discrete desktop GPU market. The company expanded its presence in the gaming industry with the introduction of the Shield Portable (a handheld game console), Shield Tablet (a gaming tablet) and Shield TV (a digital media player), as well as its cloud gaming service GeForce Now. In addition to GPU design and manufacturing, Nvidia provides the CUDA software platform and API that allows the creation of massively parallel programs which utilize GPUs. They are deployed in supercomputing sites around the world. In the late 2000s, Nvidia had moved into the mobile computing market, where it produces Tegra mobile processors for smartphones and tablets as well as vehicle navigation and entertainment systems. Its competitors include AMD, Intel, Qualcomm and AI accelerator companies such as Cerebras and Graphcore. It also makes AI-powered software for audio and video processing, e.g. Nvidia Maxine. Nvidia's offer to acquire Arm from SoftBank in September 2020 failed to materialize following extended regulatory scrutiny, leading to the termination of the deal in February 2022 in what would have been the largest semiconductor acquisition. In 2023, Nvidia became the seventh public U.S. company to be valued at over $1 trillion, and, as of March 2024, it is the third most-valuable publicly traded company based in the United States, after Microsoft and Apple, with a market capitalization of $2.3 trillion.

Sector

Manufacturing

Industry

Semiconductors & Related Devices

Employees

18100

Exchange

Nasdaq

$61B

Total Revenue

18K

Employees

$1963B

Market Capitalization

75.91

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $NVDA News

Jensen Huang Hand-Delivers Nvidia's First DGX H200 GPU To OpenAI's Sam Altman To 'Advance AI, Computing, And Humanity'

15h ago, source: Benzinga on MSN

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang hand-delivered the first DGX H200 GPU to OpenAI's Sam Altman and Greg Brockman, ...

Wary Nvidia Traders Eye Call Option Play Ahead of Earnings

2d ago, source:

Hedging against big swings in Nvidia Corp.’s share price with options is expensive, but derivatives traders are being tempted ...

Nvidia-backed Startup Synthesia Releases AI Avatars That Represent Human Emotions

14h ago, source: Impacts

Synthesia, an artificial intelligence firm backed by Nvidia, unveiled today, a new line of AI-generated digital avatars that ...

Nvidia: Significant Downside Risks As Its Customers Develop AI Chips

3d ago, source:

Examining Nvidia Corporation's recent stock slide, parallels can be drawn to Tesla's fall. Find out how NVDA customers may ...

Nvidia Stock Rises After Largest One-Day Decline on Record

3d ago, source:

Nvidia shares are up around 4% Monday, fresh off their biggest ever one-day market decline. The chipmaker’s stock fell 10% ...

What Makes Nvidia Corp. (NVDA) a Prospective Investment Bet?

3d ago, source: InvestingChannel on MSN

Patient Capital Management, a value investing firm, released its “Patient Capital Opportunity Equity Strategy” first quarter ...

What's Going On With Nvidia and AMD Stocks On Monday?

3d ago, source:

Nvidia and AMD stocks rebound after Friday selloff, influenced by Fed's rate cuts and AI demand. Oppenheimer analyst predicts ...

nvidia corp.

6d ago, source: Fox Business

Nvidia has partnered with artificial intelligence health care company Hippocratic AI to develop an "agent" that outperforms nurses on phone calls with patients. Nvidia CEO Jensen Huang unveiled ...

Reasons for the Outperformance of NVIDIA Corporation (NVDA)

3d ago, source: InvestingChannel on MSN

Investment advisory firm Ithaka Group released the “Ithaka US Growth Strategy” first-quarter 2024 investor letter. A copy of ...

What Makes Nvidia Corp. (NVDA) a Prospective Investment Bet?

3d ago, source: Insider Monkey

Patient Capital Opportunity Equity Strategy featured stocks like NVIDIA Corporation (NASDAQ:NVDA) in its Q1 2024 investor letter. Headquartered in Santa Clara, California, NVIDIA Corporation ...

NVIDIA (NVDA) to Optimize AI Workloads With Run:ai Acquisition

8h ago, source: Zacks.com on MSN

NVIDIA Corporation NVDA recently entered into a definitive agreement to acquire Run:ai in a move to enhance its artificial ...

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