PAmerican arents, stop stopping your kids from playing video games. At least if you want to grow the US economy. Known for more than twenty years by all the hackers of microcomputers and fanatics of World of Warcraft Or counter strike, Nvidia is an institution, with its chips and graphic cards which make it possible to obtain the bluffing synthetic images which “gamers” love. It is now a digital giant.
By predicting, this Thursday, May 25, exceptional sales for the current quarter, more than 11 billion dollars (10.24 billion euros), it caused an extraordinary stock market frenzy. Its valuation is now close to 1,000 billion dollars, bringing it into the very select club of world rating champions, Google, Microsoft, Amazon or Apple.
The Californian Nvidia will also be the first chip producer to be worth as much. In a single day, this Thursday, May 25, its market valuation jumped by nearly 200 billion dollars, more than the total value of its major competitors such as Qualcomm or Intel.
A tangible reality
Why such an interest ? ChatGPT effect again. The demonstration, by a very popular example, that artificial intelligence was now a tangible reality, sparked an investment fever in the entire digital world and beyond. Because behind this application hides both the victory of cloud technology, which makes it possible to remotely deliver all the computing power required, and the need for high-performance tools in this field. And that’s good for Nvidia, whose chips are capable of considerably accelerating the computing capacities of machines, as it already does in the field of images.
If this sudden craze recalls the follies of previous Internet bubbles, this one is based on a long-term bet. Digital has entered its third era. After the advent of the Internet and the Web, then the revolution of the smartphone and mobile applications, the time has come for artificial intelligence.
And as always, the cards are reshuffled with winners and losers. Intel and Microsoft dominated the first period, Google and Apple the second. Nvidia is making a name for itself in the new age of artificial intelligence. He will not be the only one, Microsoft is well placed, and a new cycle is beginning, hence the rebound in the stock market for technology stocks.
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