NVIDIA Corporation (NASDAQ: NVDA) is a leading multinational technology company, which specializes in the design and production of advanced graphics processing units (GPUs), system-on-a-chip (SoC) units, and related software technologies. NVIDIA is headquartered in Santa Clara, California. The company was founded in 1993 and went public in 1999. NVIDIA generated revenue of USD ~61 billion in FY2024 and hit a market cap of USD 1 trillion in May 2023 for the first time, 25 years since listing—joining only a handful of companies to have done so. NVIDIA ranks in the top 200 of the Fortune 500 list as of January 2024.
NVIDIA operates through four major markets: Gaming, Data Center, Professional Visualization, and Automotive. The company’s primary business is focused on developing and manufacturing high-performance GPUs for use in PCs, workstations, and gaming consoles. The US is NVIDIA’s largest market, followed by Taiwan, China, and other Asian and European countries.
In recent years, NVIDIA has expanded its business beyond GPUs into other areas, including AI, and autonomous driving. The company's AI technology is used in diverse industries—such as healthcare, finance, and robotics—to improve efficiency, accuracy, and decision-making. Further, the company's Drive platform provides the hardware and software necessary for autonomous vehicles to perceive and navigate their surroundings, and is currently being adopted by numerous automakers to develop self-driving cars. In addition to its hardware products, NVIDIA offers a range of software technologies, including drivers, gaming platforms, and development tools. The company has also developed its own cloud gaming service, GeForce NOW, which allows gamers to stream games from the cloud to any device.
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