Brief number 7: How big is the NVIDIA story?
By Pei Xin, GIOAS Research Associate

Anyone who follows the stock market is aware that Nvidia took around ten months to reach USD 1 trillion market cap after its Hopper graphics processing unit (GPU) was launched in September 2022. GPU was originally an artistic muscle of a computer designed to bring visual images to life on screen more quickly, important for visual arts and gaming applications. Then, the deep learning era (2010-19) saw a surge in demand for computational power where the GPUs non-graphic processing capabilities now become the powerhouse of the current generative artificial intelligence (GAI) boom. Nvidia emerged as the dominant winner in this AI race since the appearance of ChatGPT software, now the world’s leading GPU designer.


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