NVIDIA Corporation has achieved significant success in its transformation, no longer relying solely on its graphics card business for revenue. The journey to becoming an AI company has been remarkably successful. According to the latest financial report, NVIDIA's market capitalization surged by $277 billion in a single day, setting a global record for the largest one-day increase in market cap. Top fan Jim Cramer believes that Jensen Huang is more visionary than Elon Musk, leading an industrial revolution. NVIDIA's data center business has become its primary source of income, experiencing astonishing growth. In the fourth fiscal quarter of the 2014 fiscal year, NVIDIA's revenue increased by 265% year-over-year, and net profit grew by 769%. This successful transformation has set a benchmark for the industry.
Nvidia: Not Relying on Graphics Cards for Profit, Successful Transformation into AI
6.1K views
Related

Apple's New CEO Tim Cook Takes Office on September 1, AI and New Siri as Top Priority
10.2K
Glassdoor Report: Employee Satisfaction with AI in the U.S. Drops to 43% as Generative AI Sparks Workplace Frustration
10.4K
Wall Street Focuses on NVIDIA's Second-Quarter Earnings: Whether It Can Continue to Lead the AI Sector Becomes a Focal Point
15.6K
Tang Daosheng Responds to Tencent AI's Slowness in an Internal Post: Competition is a Marathon, Longevity Matters More Than Being Early
13.1K
Alibaba Invests 8 Billion HKD in AI: Nearly 3 Times Over-subscribed, Joseph Tsai and Wu Yongming Also Invest
12.1K
Market Cap Approaching Musk! AI Star Anthropic Aims for the Largest IPO in 2026, Revenue Surges Six-Fold Becomes the Biggest Dark Horse
14.4K
