Nvidia became the U.S.’s most valuable listed company thanks to the demand for its artificial-intelligence chips, leading a tech boom that brings back memories from around the start of this century.
Nvidia NVDA 3.51%increase; green up pointing triangle became the U.S.'s most valuable listed company Tuesday thanks to the demand for its artificial-intelligence chips, leading a tech boom that brings back memories from around the start of this century.
(C.E.O) Mr. Jensen's Nvidia expertise in creating GPUs for gamers also certainly contributed to its becoming a powerhouse of AI training. In contrast to central processing units, which can perform billions of calculations one at a time, GPUs can perform many smaller tasks simultaneously. This process is called parallel processing which very essential and important.
Chip maker passes Microsoft for the top spot, just as Cisco Systemsthen—led by John Chambers—did two decades ago. But Chambers says the situation now is different.
