Nvidia

Nvidia Corporation
NVIDIA
Company typePublic
Industry
FoundedApril 5, 1993 (1993-04-05) in Sunnyvale, California, U.S.
Founders
Headquarters,
U.S.
Area served
Worldwide
Key people
  • Jensen Huang (President and CEO)
  • Bill Dally (Chief scientist)
Products
RevenueIncrease US$60.92 billion (FY 2024)
Increase US$32.97 billion (FY 2024)
Increase US$29.76 billion (FY 2024)
Total assets Increase US$65.73 billion (FY 2024)
Total equityIncrease US$42.98 billion (FY 2024)
Number of employees
29,600 (FY 2024)
Subsidiaries
Websitenvidia.com
Footnotes / references
[1][2]

Nvidia Corporation[note 1][note 2] (/ɛnˈvɪdiə/, en-VID-ee-ə) is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware.[5] 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.[6][7][8]

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.[9] 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.[10] 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.[11]

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.[12][13] They are deployed in supercomputing sites around the world.[14][15] 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.[16][17][18] Its competitors include AMD, Intel,[19] Qualcomm[20] and AI accelerator companies such as Cerebras and Graphcore. It also makes AI-powered software for audio and video processing, e.g. Nvidia Maxine.[21]

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.[22][23] In 2023, Nvidia became the seventh public U.S. company to be valued at over $1 trillion,[24] and, as of March 2024, it is the world's third most-valuable company after Microsoft and Apple, with a market capitalization of over $2 trillion.[25]

  1. ^ "US SEC: Form 10-K Nvidia Corporation". U.S. Securities and Exchange Commission. February 21, 2024.
  2. ^ "US SEC: EXHIBIT 21.1: List of Nvidia subsidiaries". U.S. Securities and Exchange Commission. February 24, 2023.
  3. ^ "NVIDIA Logo Guidelines at a Glance" (PDF). nvidia.com. Nvidia. Archived (PDF) from the original on October 9, 2022. Retrieved March 21, 2018.
  4. ^ Morgan, Timothy Prickett. "Microsoft, nVidia tag team on HPC". www.theregister.com. Retrieved March 12, 2022.
  5. ^ "NVIDIA Corporation – Investor Resources – FAQs". investor.nvidia.com.
  6. ^ Enderle, Rob (January 18, 2022). "Why NVIDIA Has Become a Leader in the AI Market". Datamation. Retrieved April 11, 2022.
  7. ^ Goldman, Sharon (February 23, 2023). "How Nvidia dominated AI — and plans to keep it that way as generative AI explodes". VentureBeat.
  8. ^ "Nvidia: The chip maker that became an AI superpower". May 25, 2023. Retrieved January 2, 2024.
  9. ^ Smith, Ryan. "Quadro No More? NVIDIA Announces Ampere-based RTX A6000 & A40 Video Cards For Pro Visualization". www.anandtech.com. Retrieved March 10, 2021.
  10. ^ Shilov, Anton (September 6, 2023). "GPU Market 'Healthy and vibrant' in Q2 2023: Report". Tom's Hardware. Retrieved March 14, 2024.
  11. ^ Moore, Samuel K (September 7, 2023). "The Secret to Nvidia's AI Success". IEEE Spectrum.
  12. ^ "NVIDIA Doesn't Want Cryptocurrency Miners to Buy Its Gaming GPUs". MSN. Retrieved April 5, 2021.
  13. ^ Kirk, David; Hwu, Wen-Mei (2017). Programming Massively Parallel Processors (Third ed.). Elsevier. p. 345. ISBN 978-0-12-811986-0.
  14. ^ Clark, Don (August 4, 2011). "J.P. Morgan Shows Benefits from Chip Change". WSJ Digits Blog. Retrieved September 14, 2011.
  15. ^ "Top500 Supercomputing Sites". Top500. Retrieved September 14, 2011.
  16. ^ Burns, Chris (August 3, 2011). "2011 The Year of Nvidia dominating Android Superphones and tablets". SlashGear. Retrieved September 14, 2011.
  17. ^ "Tegra Super Tablets". Nvidia. Retrieved September 14, 2011.
  18. ^ "Tegra Super Phones". Nvidia. Retrieved September 14, 2011.
  19. ^ Jennewine, Trevor (January 15, 2021). "Why Intel's Competitive Edge Is Crumbling". The Motley Fool. Retrieved April 16, 2021.
  20. ^ Neiger, Chris (January 26, 2021). "Better Buy: NVIDIA vs. Qualcomm". The Motley Fool. Retrieved April 16, 2021.
  21. ^ "NVIDIA Maxine". Nvidia Corporation. October 2020. Retrieved April 6, 2023.
  22. ^ Lyons, Kim (September 13, 2020). "Nvidia is acquiring Arm for $40 billion". The Verge. Retrieved September 15, 2020.
  23. ^ Walters, Richard (February 7, 2022). "SoftBank's $66bn sale of chip group Arm to Nvidia collapses". Financial Times. Archived from the original on December 10, 2022. Retrieved February 8, 2022.
  24. ^ "Nvidia touches $1 trillion market cap as chipmaker rides AI wave". Yahoo Finance. May 30, 2023. Retrieved February 17, 2024.
  25. ^ Staff, Entrepreneur (March 2, 2024). "Nvidia Becomes World's Third Largest Company". Entrepreneur. Retrieved March 2, 2024.


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