Nvidia overtook Google’s market value!

Nvidia is the fourth most valuable company in the world

Nvidia overtook Alphabet in market value just a day after it overtook Amazon. As of now $1.83 trillion Nvidia, which has value Alhabet’in 1.82 trillion It narrowly exceeded its dollar value. In this way Nvidiabehind Microsoft ($3.042 trillion), Apple ($2.84 trillion) and Saudi Aramco ($2.06 trillion). fourth most valuable company in the world happened.

Behind Nvidia’s success are the H100 GPUs that feed large language models used in artificial intelligence chatbots such as ChatGPT developed by OpenAI. Nvidia’s hardware is used by Microsoft, Amazon, Meta, Tesla and many other companies. The demand is so great that Nvidia’s production cannot keep up. Just one H100 GPU can cost $40,000.

Nvidia dominates 90 percent of this market, and technology companies have begun to develop their own artificial intelligence chips to break this monopoly. Giants such as Amazon, Microsoft and Meta are starting to develop and use their own chips. Interestingly, these companies are already among Nvidia’s biggest customers. Meanwhile, Nvidia’s enhanced H200 AI GPUThe water is waiting just around the corner. New generation B100 “Blackwell” We will see AI GPUs later this year.




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Source link: https://www.donanimhaber.com/nvidia-google-in-piyasa-degerini-solladi–174191