NVIDIA (NVDA) is a major technology company best known for creating the graphics processing unit (GPU). These GPUs help computers create beautiful visuals on screens, making them crucial for video games, professional graphics design, and movie production. At the time of this writing, NVIDIA had a market capitalization (market cap) of 3.09 trillion USD, making it one of the most valuable companies in the world, second only to Apple, which has a market cap of 3.44 trillion USD.
What is NVIDIA?
Founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem, NVIDIA began as a startup focused on developing graphics chips for personal computers. Today, it stands as a global leader in artificial intelligence (AI) technology and computing.
NVIDIA's contributions extend beyond hardware to full-stack computing infrastructure solutions that address complex computational needs across various industries, including gaming, professional visualization, data centers, and automotive applications.
Who owns NVIDIA?
Top 3 Individual insider shareholders:
- Jen-Hsun ("Jensen") Huang : Jensen Huang is not only the founder of NVIDIA but also its current president and CEO. As of March 2024, he owned 93,463,791 shares, which represents 3.79% of all outstanding shares. Before founding NVIDIA in 1993, Huang worked at LSI Logic Corp. and Advanced Micro Devices Inc. (AMD).
- Mark A. Stevens : Mark A. Stevens, who owned 4,102,881 shares as of March 2024, has been a long-time member of NVIDIA's board. His relationship with NVIDIA dates back to 1993. Outside of NVIDIA, he is the managing partner of S-Cubed Capital and has significant experience with Sequoia Capital and other tech giants like Intel Corp. (INTC) and Hughes Aircraft Co.
- Tench Coxe : Tench Coxe, owning 3,785,524 shares as of March 2024, has been with NVIDIA's board since its early days in 1993. His background in venture capital, notably with Sutter Hill Ventures, complements his role at NVIDIA.
Top 3 institutional shareholders:
- Vanguard Group Inc. : Vanguard is a major player in mutual fund and ETF management, holding 2.13 billion shares of NVIDIA as of July 2024, which accounts for 8.67% of all shares. Vanguard manages about $8.6 trillion globally, with significant investments in technology through funds like the Vanguard Information Technology ETF.
- BlackRock Inc. : BlackRock, another giant in the investment world, owned 1.82 billion shares or 7.41% of NVIDIA as of July 2024. With around $10.5 trillion in assets under management, BlackRock invests heavily in technology sectors, including through the iShares PHLX Semiconductor ETF.
- FMR LLC (Fidelity Investments) : FMR LLC, known as Fidelity Investments, owned 1.15 billion shares, representing 4.68% of NVIDIA's total shares as of July 2024. Fidelity is a comprehensive financial services firm with about $5.3 trillion in discretionary assets under management, investing significantly in technology through vehicles like the Fidelity Blue Chip Growth Fund.
NVIDIA company products
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NVIDIA's product line is diverse, covering several sectors from gaming to industrial applications. Here’s a breakdown of their main product categories:
1. GPUs for gaming and professional visualization:
- GeForce : NVIDIA's GeForce series caters to gamers, offering powerful GPUs that enhance the visual performance and realism of video games. These GPUs are known for their high processing power and support for advanced graphics technologies like ray tracing.
- Quadro : Targeted at professionals in design and content creation, Quadro GPUs deliver precise and high-quality visual computation essential for complex design tasks, video editing, and more.
2. Data center and AI:
- NVIDIA has become synonymous with AI and machine learning, providing powerful GPU accelerators for data centers. These products are used globally to speed up AI computing and are pivotal in sectors such as healthcare for medical imaging and finance for risk analysis.
- DGX Systems : These are built to power AI research and big data analytics, offering integrated hardware and software for AI operations.
3. Automotive products:
- DRIVE : NVIDIA DRIVE platforms are designed for the automotive industry, facilitating the development of autonomous driving technology. These systems integrate AI to enhance safety and navigation capabilities in vehicles.
4. Networking and edge computing:
- Mellanox : Acquired by NVIDIA, Mellanox technologies provide networking solutions that increase data center efficiency through high-performance networking and computing.
5. Software and Services:
- NVIDIA also offers a suite of software focused on AI and deep learning, such as CUDA for parallel computing, which enables dramatic increases in computing performance by harnessing the power of the GPU.
NVIDIA stock price now
Conclusion
From its origins in visual computing, NVIDIA has evolved into a dominant force in the field of artificial intelligence, shaping the future of multiple industries through its innovative hardware and expansive software ecosystem. Its ownership structure as a publicly traded entity allows it to maintain a dynamic presence in the global market, continually adapting to new challenges and opportunities. Source: investopedia.com
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