2023-05-31 01:19:14
The transformation of Nvidia Corp. into an artificial intelligence powerhouse, a favorite of Wall Street with a valuation of nearly $1 trillion, took several years of struggle.
After the company’s start as a manufacturer of graphics chips for electronic gamers, it shifted to the activity of manufacturing chips for data centers, an area dominated by both the “Intel” (Intel Corp.) and Advanced Micro Devices Inc. By proving that its processors can deftly handle massive AI workloads, NVIDIA has quickly made headway.
The company is now poised to overtake Intel in terms of sales of data center products, in what was considered an achievement unimaginable just a few years ago.
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