Everyone has seen it: the RTX 4090. This may look like a bunch of mixed up numbers and letters to some, but to many, the RTX 4090 is one of the greatest technological innovations the world has ever witnessed. The 4090 is the most advanced graphics card in the computer gaming industry, delivering the shortest lag time on image and video displays to date. Initially a computer parts manufacturer, Nvidia has gone beyond the graphics cards, managing to merge its stock with five Artificial Intelligence companies to become a superpower in artificial intelligence.
A revolutionary technological development we all know of is ChatGPT. Developed by OpenAI, ChatGPT burst onto the scene in 2022 and has had a massive rise in popularity ever since. ChatGPT uses Nvidia’s GPUs (graphics processing units) to help its AI function as Nvidia’s GPUs can decipher massive chunks of code very quickly, enabling ChatGPT to run smoothly. Working hand in hand with OpenAI, Nvidia was able to implement the AI in many of its products. However, Nvidia had more goals than just manufacturing GPUs. CEO Jensen Huang stated that AI is the future of technology, and whoever can gain control of it will quickly control the future. As a result, Nvidia looked to buy AI stocks to improve their own stock.
Nvidia first started developing graphics cards in 1999 in the early stages of the growing computer industry up until February 21 of this year, the Nvidia stock has not seen much growth . With the joining five other AI companies, Nvidia increased its stock’s value by over 14%. Arm Holdings, Nano-X Imaging, Recursion Pharmaceuticals, TuSimple Holdings, and SoundHound AI are heavily involved in the development of AI in many sectors of the world. As investors saw the mega-stock gain value, more and more sought to buy their share of the stock causing a ripple effect as the demand for the stock far exceeded the supply. As a result, the Nvidia stock experienced massive growth and blew up the mainstream.
With the rise of the Nvidia stock, society is becoming substantially more interested with AI. More companies are investing in the development and technology of AI, causing quick advancements. Nvidia is now looking like a future global power in the field of AI, as they have the technology, the intelligence, and the products to become one. The future looks superior for the worlds of both Nvidia and AI.
