Source : (TradingView)
Founding and Early History
Founded: April 5, 1993, in Santa Clara, California.
Founders: Jensen Huang (CEO), Chris Malachowsky, and Curtis Priem.
Mission: Revolutionize graphics and parallel computing.
Key Product Milestones
1995: Launched NV1, their first graphics processor.
1999: Introduced GeForce 256 (world’s first GPU), defining modern graphics.
2006: CUDA (Compute Unified Device Architecture) platform launched, enabling GPU use in general-purpose computing.
2007: Entered mobile computing with Tegra processors.
2014: Launched Tegra K1, powering automotive and embedded systems.
2017: Volta architecture debuted, tailored for AI and high-performance computing (HPC).
Financial and Stock History
IPO: January 22, 1999 (NASDAQ: NVDA) at $12/share.
Stock Splits:
2000 (2:1), 2001 (2:1), 2006 (2:1), 2007 (3:2), 2021 (4:1).
Market Cap: Surpassed $1 trillion in May 2023, driven by AI demand.
Revenue: FY2023 revenue reached $26.97 billion, with data centers contributing ~60%.
Acquisitions and Partnerships
2008: Acquired Ageia Technologies (PhysX physics engine).
2019: Purchased Mellanox Technologies ($6.9 billion) for data center networking.
2020-2022: Attempted to acquire Arm Ltd. (semiconductor IP) for $40 billion; deal terminated due to regulatory hurdles.
Partnerships: Collaborations with automakers (e.g., Tesla, Audi) for autonomous driving platforms (DRIVE).
Expansion into AI and Beyond
AI Leadership: GPUs became pivotal in deep learning (e.g., Tesla V100, A100, H100).
Healthcare and Research: Accelerated drug discovery (Clara platform) and climate modeling (Earth-2).
Omniverse: Launched in 2021, a real-time 3D simulation platform for industries.
Recent Developments (2022–2023)
Hopper Architecture: H100 GPU (2022) for AI workloads.
Generative AI: Partnerships with Microsoft, Google, and OpenAI to power models like ChatGPT.
Cryptocurrency Impact: GPU demand surged during crypto booms (e.g., Ethereum mining), though later pivoted to focus on core markets.
Leadership
CEO: Jensen Huang, co-founder and CEO since inception, known for visionary leadership in tech.
NVIDIA’s transformation from a graphics-focused business to a pioneer in data centers, AI, and HPC highlights its versatility and inventiveness. Because of its pivotal position in technological breakthroughs, its stock (NVDA) continues to fare exceptionally well.
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