NVIDIA Facts and Statistics (2025)

NVIDIA has made computer chips running graphics-heavy video games since its inception in 1993. But recently, artificial intelligence researchers have begun using the very same chips to run new algorithms that are taking the field by storm. NVIDIA immediately started attracting the attention of investors and the public. It started to deliver outstanding results quarter after quarter, inspiring investors to expect uninterrupted growth, especially in the video gaming and data center markets. And NVIDIA has lived up to investors’ high expectations.

Over the years, the company has evolved from a graphics card producer into a multifaceted technology powerhouse, pushing the boundaries of artificial intelligence, machine learning, and parallel computing. As of today, NVIDIA is a crucial driving force behind advancements in visual and artificial intelligence technology, influencing industries worldwide with its cutting-edge solutions.

To help you understand whether the company presents valuable investment opportunities, below we present NVIDIA’s crucial historical and statistical data.

NVIDIA designs and markets a wide range of products and technologies that power some of the most demanding computing tasks in various industries.

Primarily known for its powerful GPUs, NVIDIA has paved the way for breakthroughs in gaming graphics, enabling lifelike visuals and immersive experiences. Beyond gaming, NVIDIA’s technology powers complex simulations, scientific research, and artificial intelligence applications across numerous sectors.

The company’s CUDA parallel computing platform empowers developers to harness the full potential of GPUs for AI model training and data processing. NVIDIA also ventures into fields like autonomous vehicles, providing the computational power needed for self-driving technology.

By continually advancing its hardware and software offerings, NVIDIA remains at the cutting edge of tech innovation, driving forward the capabilities of what computers can achieve.

NVIDIA is pronounced as: en-VIH-dee-uh.

Each syllable is pronounced quickly and smoothly, with emphasis typically placed on the second syllable: “VIH.”

In Latin, “invidia” means “envy.”

Annual revenue is the total amount of money a company earns from business operations in a year before any deductions for returns, the cost of goods it sold, and expenses.

NVIDIA’s revenue for the quarter ending January 28, 2024, was $22.1 billion, which constitutes a stellar 265.3% jump year-over-year. NVIDIA’s revenue for 2024 was $60.92 billion, skyrocketing by a breathtaking 126% from 2023.

Its annual revenue for 2023 was $26.974 billion, which is a marginal 0.2% advance from 2022, while the annual revenue for 2022 was recorded at $26.914 billion, a whopping 61.4% uptick from 2021. Check out the table below to see the trajectory of NVIDIA’s annual revenue since 2009.

Source: Investing Pro, Macrotrends

Nvidia reported its 2025 second-quarter earnings on Wednesday, August 28, with EPS of $0.68, $0.04 better than the analyst estimate of $0.64. Revenue for the quarter came in at $30B versus the consensus estimate of $28.68B.

“While the numbers indicate that the AI revolution remains alive and well, the smaller beat compared to the previous quarters adds to the multiple warning signs across the tech space earlier in this earnings season,” said Thomas Monteiro, senior analyst at Investing.com. “Against a backdrop of continuously growing expenses in the tech space coupled with higher prices for AI components, companies are growing increasingly conscious of their margins when it comes to AI. This means they may need more time to get to the type of spending growth the market had previously predicted. That does not bode particularly well for Nvidia, given that the company can only benefit from a sense of urgency amongst other companies before the competition begins to catch up.”

“However, investors should not fear a deeper selloff. The massive growth in data center chips shows that companies worldwide still have no other option but to keep ramping up their AI expenses, regardless of the costs on the other end of the balance sheet, particularly as the race for innovation heats up against a more favorable monetary environment,” he continued. “Nvidia remains the sole owner of the market’s most valuable commodity, which means it holds the power to keep adapting prices to market demand, maintaining a sustained growth outlook, and beating expectations for the quarters to come.”

To date, NVIDIA earnings reports have historically been released in February, May, August and November of each year.

To find exactly when the next earnings report for NVIDIA will be, investors can head on over to our exclusive Earnings Calendar. Simply click on the filter button and type in the NVIDIA stock ticker (NVDA) and you’ll be able to see both upcoming dates and previous earnings (with both EPS and Revenue actuals versus forecasted).

Earnings per share are a company’s net earnings (or losses) divided by the number of shares outstanding.

NVIDIA’s diluted EPS for the quarter ending January 28, 2024, was $4.93, which constituted a breathtaking 765% rally year-over-year. NVIDIA’s 2024 annual EPS was $11.93, skyrocketing 585.6% from 2023, while its 2023 annual EPS amounted to $1.74, demonstrating a significant 54.81% decline from 2022. For the company’s earnings per share in other years, consult the following table.

A company’s net income is defined as its net profit or loss after all revenues, income items, and expenses have been taken into account.

NVIDIA’s net income for the quarter ending January 28, 2024, was $12.285 billion, up 769% year-over-year. Its annual net income for 2024 stood at $29.76 billion, skyrocketing 581.3% from 2023. The revenue in 2023 was $4.368 billion, plunging 55.21% from 2022. NVIDIA’s annual net earnings for 2022 were $9.752 billion, which was a staggering 125.12% increase from 2021. How large NVIDIA’s net income was in other years is presented in the following table.

Market capitalization, or market cap, is the total value of a company’s outstanding shares of stock, (both those which are publicly traded and any held by individuals inside the company. While this market cap changes day to day depending on stock price, we are able to track average market capitalization over a specified time period. In this case, per year.

The company currently has a market cap which allows inclusion into the New York Stock Exchange (NYSE: MCD).

The company still sells GPUs for the PC and workstation markets. However, the growing application of these chips in new segments such as data centers, automotive, cryptocurrency mining, and digital twins has opened a large profitable market for NVIDIA.

The table below shows how the company’s annual revenue is divided between markets since 2017:

NVIDIA continues to redefine what’s possible with its groundbreaking innovations in graphics processing and artificial intelligence. While market dynamics have evolved more and more rapidly since the early 2020’s, NVIDIA has established itself as a leader, proving its resiliency and capacity to adapt while driving technological advancements across a multitude of sectors.

• Stellar Stock Performance: Since its initial public offering (IPO) in 1999, NVIDIA has shown impressive growth. The stock has experienced a ridiculously significant appreciation of around 325,875%, (with the majority of which occurring over the past five years) reflecting the company’s robust financial performance and ability to take advantage of its dominant market position in the GPU and AI industries.
  
• Market Capitalization: NVIDIA boasts a market capitalization of over $3 trillion, affirming its standing as one of top 5 most valuable companies in the world. This substantial market cap highlights investor confidence and NVIDIA’s influential role.
  
• Growth in Data and AI: NVIDIA’s advancements in artificial intelligence and data center technologies have positioned it at the forefront of this rapidly growing sector. These ventures are not just transformative but also highly lucrative, driving revenue and stock value upward.
  
• Investor’s Favorite: NVIDIA’s stock, under the symbol NVDA, is often seen as a top choice for investors looking at tech stocks with ongoing strong growth potential. The company has consistently provided substantial returns, making it a popular option in many diversified portfolios (not just those focused on technology stocks).
  
• Commitment to Innovation: NVIDIA’s continual investment in R&D ensures a pipeline of cutting-edge products. Its focus on AI, gaming, and autonomous machines underpins future growth, maintaining its competitive edge in tech innovation.

These aspects underscore NVIDIA’s ability to leverage its technological prowess to not only weather industry fluctuations but also excel and redefine market expectations, as shown by its particularly stellar growth over the last five years.

Yes, you can buy NVIDIA’s stock through any broker or online trading platform that allows trading on the NASDAQ stock exchange. Additionally, NVIDIA’s stock can also be included in investment portfolios via exchange-traded funds (ETFs) that focus on technology (such as Investco QQQ Trust) or specific market indices (such as SPDR S&P500).

NVIDIA’s stock trades under the symbol NVDA on the NASDAQ stock exchange. It has maintained this symbol since going public, providing investors with consistency in tracking its stock performance.

As of the most recent financial data, NVIDIA’s market capitalization (stock valuation) exceeds $3 trillion, an impressive feat that solidifies its position as a major player in the global tech industry.

More precise market cap details can be found in NVIDIA’s latest quarterly reports or financial news updates. Here’s an example of how the NVDA market cap has evolved over the past decade:

Many analysts and investors regard NVIDIA as a strong growth stock due to its influence in the tech sector and substantial growth potential. Nonetheless, it’s important for investors to conduct thorough research or consult financial advisors when deciding if NVIDIA aligns with their investment goals and risk tolerance.

NVIDIA reports its earnings quarterly, typically in February, May, August, and November. Specific dates are announced in advance and can be found on NVIDIA’s investor relations page or financial news outlets.

Yes, NVIDIA pays dividends to its shareholders, though its primary appeal to many investors lies in its growth potential. The NVIDIA dividend yield is low for this stock (coming in at less than 0.5%), but consistent payments provide additional investment income. Most investors consider this ‘added value’ rather than a method of generating consistent passive returns.

NVIDIA has undergone multiple stock splits since its IPO, to increase liquidity and make its shares more accessible to a wider range of investors.

1. Pioneering Innovation: NVIDIA was the first to introduce the graphics processing unit (GPU) in 1999, revolutionizing computer graphics and parallel computing.
2. Leadership in AI: NVIDIA’s GPUs are the preferred choice for AI researchers, powering AI models at scale. They are used in 97% of AI learning systems worldwide.
3. Market Cap Milestone: In 2023, NVIDIA joined the trillion-dollar club, becoming one of the few tech companies to reach this market capitalization milestone.
4. Automotive Influence: NVIDIA’s DRIVE platform is leveraged by over 370 partners, including top automakers, to develop autonomous vehicles and ADAS (Advanced Driver Assistance Systems) technology.
5. Gaming Dominance: NVIDIA holds over 80% market share in discrete GPUs used for gaming, reflecting its dominance in the sector.
6. Expansive Partner Ecosystem: NVIDIA collaborates with more than 20,000 companies and organizations globally, ensuring broad adoption of its GPU technology and AI solutions.
7. AI and Cloud: NVIDIA GPUs power more than 90% of cloud-based AI workloads, highlighting its critical role in data processing and computational tasks.
8. Founder’s Insight: Co-founder and current CEO Jensen Huang has steered the company since its inception, consistently ranking among the top visionary leaders in tech.
9. Innovative Software: CUDA, NVIDIA’s parallel computing platform and application programming interface model, supports around 700,000 developers and a vast array of applications.
10. Stock Market Performance: NVIDIA’s stock, trading under NVDA, has delivered impressive returns, outperforming competitors and featuring in various tech-focused ETFs.
11. Deep Learning Institute: NVIDIA has trained over 200,000 developers through its Deep Learning Institute, fostering significant growth in AI proficiency worldwide.
12. Data Center Revenue: As of 2023, NVIDIA’s data center business contributes more than 50% of total revenue, illustrating its shift toward AI and cloud computing.
13. Growth in Professional Visualization: NVIDIA’s professional visualization segment continues to thrive, seeing increased adoption in fields like architecture, engineering, and media.
14. Sustainability Commitment: NVIDIA’s sustainability pledge outlines its commitment to reducing carbon emissions, consistently working on energy-efficient GPUs and sustainable business practices.
15. Record R&D Investment: NVIDIA invests over $3 billion annually in research and development to maintain its competitive edge and innovate new technologies.
16. Global Reach: NVIDIA’s products are marketed in over 100 countries, underscoring its extensive global influence and penetration.
17. Financial Growth: In fiscal year 2023, NVIDIA reported revenues exceeding $26 billion, reflecting its continued rapid growth and demand for GPUs and AI products.
18. Cross-Industry Applications: NVIDIA’s technology powers advancements in healthcare, finance, telecommunications, and more, showcasing its versatile applications.
19. Company Culture: In 2025, Forbes named NVIDIA as one of the best places to work, citing its innovative culture, employee satisfaction, and responsive leadership.
20. Consumer Electronics Integration: NVIDIA’s GeForce Now service has been integrated with popular smart TVs, expanding its reach into consumer electronics.
21. AI Megatrends Commitment: NVIDIA is leading the charge in AI megatrends by facilitating AI research in climate science, medical diagnostics, and more through its powerful computing solutions.

NVIDIA’s market cap growth has been mirrored in its impressive workforce expansion. 

Over the years, NVIDIA has consistently expanded its talent pool, attracting top professionals from diverse fields such as engineering, research, marketing, and sales – although in 2023, it was recorded that more than 75% of their workforce worked in R&D.

This expansion is not only a testament to the company’s rapid growth and innovation but also to its commitment to fostering an inclusive and dynamic work environment. NVIDIA offers a myriad of exciting opportunities across its globally recognized brand for both experienced tech professionals and recent graduates.

The following table provides an overview of NVIDIA’s employee count from 2005 to the present day, illustrating the company’s exponential growth in both scale and influence. This growth reflects not just an increase in headcount, but an ongoing investment in human capital to drive future technological innovation and excellence.

NVIDIA offers an extensive range of products and services that cater to diverse market needs, positioning it as a leader across multiple sectors, including gaming, artificial intelligence, data centers, and automotive technology.

NVIDIA’s flagship products, particularly its GeForce graphics cards, are designed to deliver best-in-show gaming experiences. Featuring cutting-edge technologies like real-time ray tracing and AI-enhanced graphics, GeForce cards dominate the gaming sector with their superior performance and efficiency. Beyond gaming, NVIDIA’s AI platforms are instrumental for enterprises leveraging machine learning, providing robust solutions tailored for complex computational tasks.

In the realm of data centers, NVIDIA’s GPU-powered solutions facilitate scalable and efficient data processing, enabling businesses to drive innovations in AI, analytics, and cloud computing. NVIDIA DRIVE solutions stand at the forefront of autonomous vehicle technology, offering comprehensive platforms for developing self-driving capabilities and enhancing road safety.

• Advanced features such as real-time ray tracing in GeForce GPUs set a high bar for gaming and professional graphics.
  
• Specialized technologies like Deep Learning Super Sampling (DLSS) and Reflex enhance gaming performance by improving frame rates and reducing latency.
  
• The CUDA parallel computing platform accelerates computation for a wide array of applications, from data science to engineering.
  
• Strong support for developers fosters an environment ripe for innovation, enabling efficient use of NVIDIA technologies across various projects.
  
• NVIDIA offers solutions that are integrated and adaptable to specific industry needs, from gaming to ADTs.

The founders of NVIDIA are Jensen Huang, Chris Malachowsky, and Curtis Priem. The company was founded in 1993, with these three co-founders playing pivotal roles in shaping its early direction and technological focus.

NVIDIA is a publicly traded company, meaning it is owned by shareholders who hold its stock. Shares of NVIDIA are traded on the NASDAQ stock exchange under the symbol NVDA. The largest shareholders typically include institutional investors like mutual funds, pension funds, and other large investment entities. Insider stakeholders, including co-founders and executives, may also hold significant shares.

The current CEO of NVIDIA is Jensen Huang. He also serves as the company’s president and has been a driving force behind its growth and innovation since its inception. Huang’s leadership has been instrumental in establishing NVIDIA as a leading player in graphics processing and artificial intelligence technologies.

Jen-Hsun (Jensen) Huang – CEO

The main credit for NVIDIA’s success goes to Jen-Hsun (Jensen) Huang, who co-founded NVIDIA in 1993 and has served since its inception as president, chief executive officer, and a member of the board of directors. As of As of March 2024, Huang has an estimated net worth of about $81.7 billion. He has been named the world’s best CEO by Harvard Business Review and Brand Finance, as well as Fortune’s Businessperson of the Year and one of TIME magazine’s 100 most influential people.

Chris Malachowsky – Senior Technology Executive

Another significant person in NVIDIA is Chris Malachowsky who, together with Huang and Curtis Priem, founded NVIDIA in 1993 and has more than 40 years of industry experience. He serves as a member of the executive staff and a senior technology executive for the company. Malachowsky doesn’t only have technical achievements to his credit. He has also received an Emmy for a film he helped produce, Inheritance, which won Best Documentary in 2009. Malachowsky was also inducted into the Florida Inventors Hall of Fame in 2019.

The major NVIDIA officers are Colette Kress, EVP and Chief Financial Officer, Jay Puri, EVP, Worldwide Field Operations, Debora Shoquist, EVP, Operations, and Tim Teter, EVP, General Counsel, and Secretary.

NVIDIA has carved out a prominent position as a leader in technology, with a mission to “solve the world’s greatest challenges” through its innovative computing solutions. The company is celebrated for its stellar performance in graphics processing, AI, and data center technologies. But how does this fit into the bigger competitor landscape?

NVIDIA consistently leads in the discrete GPU market, renowned for its high-performance graphics cards and AI capabilities. This leadership is supported by continuous innovation and strategic partnerships that reinforce its formidable market presence. However, NVIDIA faces considerable competition in various segments, from established semiconductor giants to emerging tech firms.

1. AMD (Advanced Micro Devices): AMD is a formidable competitor in the GPU market, challenging NVIDIA’s dominance with its Radeon graphics cards. Although NVIDIA maintains a larger market share, AMD competes aggressively, especially in terms of performance and price.
2. Intel Corporation: As Intel ventures deeper into discrete GPU development, it presents growing competition to NVIDIA. Known for its dominance in CPUs, Intel is expanding its portfolio with products like the Intel Arc series, aiming to capture a slice of NVIDIA’s market.
3. Qualcomm Inc: While primarily known for mobile processors, Qualcomm competes with NVIDIA in AI and automotive technology sectors with its Snapdragon platform, particularly in areas like edge computing and connected vehicles.
4. Apple Inc: Apple’s custom silicon, such as the M1 and M2 chips, indirectly compete with NVIDIA by offering integrated GPUs in personal computing devices, appealing to consumers and creative professionals.

It’s important to note that while NVIDIA retains its leadership, the tech industry is highly competitive, with rapid innovation and shifting market shares defining the landscape.

As the technology industry advances, several key trends have emerged. The demand for AI and data-driven technologies is surging, encouraging companies like NVIDIA to innovate continuously. Additionally, there’s a growing focus on energy-efficient solutions and sustainability, prompting NVIDIA to design eco-friendly GPUs and adopt responsible manufacturing practices. NVIDIA’s commitment to these trends, alongside its dedication to research and development, fortifies its position in a fast-evolving tech landscape.

What makes NVIDIA’s ongoing growth even more impressive is how it continues to be a growth outlier against close competitor benchmarks.

Source: InvestingPro (December 2024)

Intel overtakes NVIDIA and AMD in terms of the GPU market share, with the latest data showing it occupies 68% of the GPU market, while Nvidia and AMD make up a minute 19% and 13% of the market share, respectively.

However, NVIDIA has often displayed a higher percentage of revenue growth compared to the two competitors over recent years. According to the latest financial data, NVIDIA’s annual revenue is larger than those of Intel and AMD. In the year 2023-2024, Nvidia’s revenue grew by 126% year-on-year, while Intel and AMD registered a degrowth of 14% and 4%, respectively on an annual basis.

To see how NVIDIA’s revenue compares to the earnings of AMD and Intel since 2015, consult the table below.

In Q4 2023, NVIDIA owned 80% of the GPU market share but it is slowly starting to lose share to Intel and AMD. Its other competitors include Cisco, Qualcomm, Broadcom, Hewlett Packard Enterprise, and Renesas Electronics. The major competition in the GPU market is offered by the two GPU heavyweights, AMD and Intel. As NVIDIA and AMD make GPUs powering the most effective graphics cards, competition between them has been simmering since the 1990s.

In 2023, the competition became truly fierce. AMD revealed a challenge to NVIDIA’s data center GPU with its Instinct MI300 accelerator series. The chips include the MI300X, which, according to AMD, provides better efficiency and cost savings for running large language models than NVIDIA’s flagship H100 data center GPU. Meanwhile, despite AMD’s new invention, NVIDIA is still overtaking its rival, with its graphic cards accounting for the majority of GPUs on the Steam Hardware Survey.

Indeed, more than 90% of neural network training runs on NVIDIA GPUs today. But analysts predict that the disposition of power in the GPU market might begin to change.

Understanding NVIDIA’s market share is crucial for investors as it reflects the company’s competitive position and potential for growth in the high-demand graphics and AI sectors.

This section provides a snapshot of NVIDIA’s market share in comparison to its main competitors, AMD and Intel, over the years. By analyzing these trends, investors can gauge NVIDIA’s market strength, strategic advancements, and its capacity to maintain leadership in a rapidly evolving industry.

Financial Milestones

• Revenue Growth: In Q1 of fiscal year 2025, NVIDIA reported revenues of $26.0 billion, marking an 18% increase from the previous quarter and a 262% rise year-over-year.
  
• Market Capitalization: On March 1, 2024, NVIDIA’s market capitalization surpassed $2 trillion, making it the third U.S. company to achieve this milestone. By June 18, 2024, it became the world’s most valuable company, with a market cap exceeding $3.3 trillion.

Product Innovations

• Blackwell Architecture: In March 2024, NVIDIA unveiled its new AI chip architecture, Blackwell, designed for the generative AI era. Despite initial design challenges, the architecture was well-received, with the entire 2025 production reportedly sold out by November.
  
• NVLM 1.0: In October 2024, NVIDIA introduced NVLM 1.0, a family of open-source multimodal large language models, featuring a flagship version with 72 billion parameters, aimed at enhancing AI capabilities.

Strategic Partnerships and Investments

• Trend Micro Collaboration: In June 2024, NVIDIA partnered with Trend Micro to develop AI-driven security tools for data centers, integrating NVIDIA’s AI technology with Trend Micro’s cybersecurity solutions.
• Nebius Group Investment: In December 2024, NVIDIA participated in a $700 million capital raise by AI firm Nebius Group, underscoring its commitment to advancing AI infrastructure.

Market Dynamics

• Stock Performance: NVIDIA’s stock experienced significant volatility, with a notable decline in December 2024 due to factors such as antitrust investigations in China, competitive pressures from companies like Broadcom, and potential reductions in AI spending by major clients.
  
• AI Chip Demand: Tech giants like Microsoft significantly increased their acquisition of NVIDIA’s AI chips, with Microsoft purchasing 485,000 Hopper AI chips in 2024, double the amount bought by its closest rival, Meta.

Sources: InvestingPro, NVIDIA News, Financial Times

2023 – NVIDIA became the first chipmaker to ever reach a market capitalization of $1 trillion. Mostly, these gains have accumulated during the last decade, when the company’s stock has surged by roughly 10,870%. Yet in fiscal 2023, NVIDIA’s revenue stayed flat, and its adjusted EPS dropped 55%. This year, NVIDIA released a number of innovative new products, including the Grace Hopper Superchip for complex high-performance computing and AI workloads. Grace Hopper combines a Hopper H100 GPU with a 72-core Grace CPU based on Arm’s Neoverse V2 architecture on an integrated module.

2022 – The parent company of Arm Holding, SoftBank, and NVIDIA said that they would not move forward with the transaction due to regulatory challenges. In 2022, as it did in 2021, NVIDIA experienced a major growth jump as the pandemic forced more consumers to buy new PCs for online classes, remote work, and high-end video games. More data center operators also had to upgrade their services with NVIDIA’s GPUs.

2021 – The intended takeover of the British company Arm Holdings was suspended because the UK’s Competition and Markets Authority had spoken about competition concerns. Later the same year, a competition investigation into the takeover was opened.

2020 – NVIDIA’s scientists developed an open-source ventilator to compensate for the shortage caused by the pandemic. Later in the year, the company announced its Ampere GPU microarchitecture and the Nvidia A 100 GPU accelerator.

2019 – NVIDIA announced new RTX Studio laptops, which promised to be seven times faster than a top-end MacBook Pro with a Core i9 and AMD’s Radeon Pro Vega 20 graphics in apps like Maya and RedCine-X Pro. In August, the company announced Minecraft RTX, with an added real-time DXR raytracing tailored to the Windows 10 version of the game.

2018 – The company released the Nvidia Quadro GV100 on March 27 and the RTX 2080 GPUs on September 27. The same year, Google announced that Nvidia’s Tesla P4 graphic cards would be integrated into Google Cloud service’s artificial intelligence.

2017 – NVIDIA released the Titan V on December 7.

2016 – NVIDIA presented the first GPUs of the GeForce 10 series, the GTX 1080 and 1070, based on the company’s new Pascal microarchitecture.

2013 – The Tegra 4 and the Nvidia Shield, an Android-based handheld game console, were unveiled to the public. The company announced that it bought PGI from STMicroelectronics.  

2011 – NVIDIA released its Tegra 3 ARM system-on-a-chip for mobile devices. It featured the world’s first world quad-core mobile CPU. The same year, the company announced that it would acquire Icera, a baseband chip-making company in the United Kingdom, for $367 million.

2008 – The company acquired Ageia, developer of the PhysX physics engine and physics processing unit.

2007 – NVIDIA was named the Company of the Year by Forbes magazine for its rapid growth and success.

2004 – NVIDIA announced that it would assist Sony with the design of the graphics processor (RSX) in the PlayStation 3 game console.

2002-2003 – These were years of successful acquisitions. In July 2002, NVIDIA acquired Exluna which made software-rendering tools. In August 2003, NVIDIA bought iReady, a provider of high-performance TCP/IP and iSCSI offload solutions.

2001 – This was the year of noticeably growing revenue for the company. NVIDIA earned $1.37 billion and thus nearly doubled the revenue of the previous year. Its net income jumped to $176.9 million, while its stock price climbed to $66.90 at the end of the year from $16.50 at its beginning. In December, NVIDIA replaced Enron Corporation on the S&P 500.

2000 – NVIDIA split its stock for the first time. Since 2020, NVIDIA’s stock split history has continued, as it split its stock also in 2001, 2006, 2007, and 2021. An investor who bought 100 shares of NVDA stock in the 1999 IPO would now own 4,800 shares of NVIDIA thanks to all the share splits along the way.

1999 – The company released the GeForce 256 (NV10), thus introducing onboard transformation and lightning to consumer-level 3D hardware. The GeForce 256 implemented video acceleration, motion compensation, and hardware sub-picture alpha blending and left all existing products spectacularly behind. Among other products created the same year was Aladdin TNT2 for PCs, which cost less than $1,000. In 1999, NVIDIA went public.

1998 – NVIDIA released the RIVA TNT, which boosted its reputation for developing effective graphic adapters.

1997 – This proved to be a memorable year for NVIDIA. After launching the RIVA series of graphic processors, it became a force to be reckoned with in the industry. The company’s popularity continued to be on the rise when it presented its GeForce 256 GPU to the world, thereby offering excellent 3D graphic quality. In so doing, NVIDIA outclassed Voodoo Graphics, subsequently purchasing the assets of its producer – 3dfx Interactive – in 2000. In 1997, Microsoft chose NVIDIA to develop graphic cards for its Xbox video game console.

1995 – NVIDIA released its first chip, having invested $10 million in its development, the money it raised from Sutter Hill Ventures and Sequoia Capital.

1994 – A year later, the company signed an agreement with SGS-Thomson Microelectronics, a European wafer fabricator. This partnership enabled NVIDIA to create its single-chip GUI accelerator or sound/graphic board. NVIDIA also arranged for Diamond Multimedia Systems to install these chips in multimedia accelerator boards.

1993 – The company, which now produces graphics processors, mobile technologies, and desktop computers, was founded by three computer scientists, Jen-Hsun Huang, Curtis Priem, and Chris Malachowsky, in Santa Clara, California. The founders envisaged their logo as an “all-seeing eye.” They changed the colors of their logo, removing the black color from it over the years and finally settling on green and white, but the main concept has stayed unaltered.

When they started their company, the founders saw that video games were computationally challenging but could potentially sell well. They also understood that video games would help them reach large markets. With this in mind, Jen-Hsun Huang, Curtis Priem, and Chris Malachowsky decided to establish a large R&D department to solve difficult computational problems involved in video gaming, initially investing $40,000 in the R&D team, all that they had in the bank then. With time, NVIDIA succeeded in winning $20 million of venture capital funding from Sequoia Capital and other sources.

NVIDIA’s future outlook is defined by its continued dominance in the AI and semiconductor industries, underpinned by fast-paced product development, strategic partnerships, and proactive market expansion. As the company solidifies its leadership position, several key initiatives highlight its growth strategy:

1. Increased Production of AI Chips: NVIDIA’s latest AI chip architecture, Blackwell, launched in 2024, is designed to meet the growing demand for generative AI and high-performance computing. With the entire 2025 production already sold out, the company is scaling manufacturing capabilities to address unprecedented demand from tech giants like Microsoft and Meta.
2. Data Center Growth: NVIDIA continues to invest in expanding its data center offerings, a critical component of its AI ecosystem. Partnerships with companies like Trend Micro aim to integrate AI-driven security solutions, enhancing the value proposition of NVIDIA’s infrastructure to enterprise customers.
3. Geographic Expansion: NVIDIA is focusing on increasing its presence in emerging markets, including Southeast Asia and South America, to tap into growing demand for AI technologies in developing economies.

1. Blackwell Architecture: Building on the success of its previous architectures, NVIDIA’s Blackwell chips are purpose-built for generative AI and data-intensive applications. These chips are expected to set new benchmarks in performance and efficiency, ensuring the company’s technological edge.
2. NVLM 1.0: The release of NVLM 1.0, a family of open-source multimodal large language models, positions NVIDIA at the forefront of AI innovation. By offering scalable and versatile AI tools, NVIDIA is empowering developers and enterprises to leverage cutting-edge capabilities.
3. Automotive Solutions: NVIDIA’s DRIVE platform continues to evolve, aiming to capture a significant share of the autonomous vehicle market. Advanced AI algorithms and hardware designed for real-time data processing are expected to drive adoption in the automotive sector.

1. Strategic Partnerships: NVIDIA’s collaborations with companies like Trend Micro and AI firms such as Nebius Group demonstrate its commitment to leveraging partnerships to expand its capabilities and market reach. Over the years, NVIDIA has formed significant partnerships with other tech and media giants, counting overall almost 250 partners. Among these partnerships are deals with Microsoft, Hewlett Packard Enterprise, Amazon Web Services, Google, VMWare, IBM, SAS, and Lenovo.
2. Focus on Sustainability: The company is investing in energy-efficient chips and green data center initiatives to align with global sustainability goals, which is increasingly important to investors and customers.
3. Regulatory Compliance: Amidst scrutiny from U.S. and Chinese regulators, NVIDIA is proactively addressing antitrust concerns and export compliance issues to maintain its global operations and reputation.
4. Adaptation to AI Trends: As competition intensifies, NVIDIA’s focus on innovation in AI-driven solutions ensures that it stays ahead of rivals like Broadcom and AMD. Its ability to anticipate and respond to customer needs in AI and computing keeps it at the cutting edge.

NVIDIA’s future plays are characterized by a strategic blend of innovation, collaboration, and market responsiveness. By capitalizing on its technological leadership and expanding into new markets, the company is well-positioned to sustain its growth and remain a key player.

• December 14, 2022 – NVIDIA acquired Bright Computing, a company specializing in software for managing high-performance computing systems, to expand its data center and AI capabilities.
• June 10, 2021 – NVIDIA acquired, for an undisclosed amount, DeepMap, a mapping startup focused on autonomous vehicles, to strengthen its DRIVE platform.
• May 4, 2020 – NVIDIA acquired Cumulus Networks, a company specializing in open networking software, to enhance its data center offerings.
• April 27, 2020 – NVIDIA acquired Israeli chip design company Mellanox Technologies for $7 billion.
• June 12, 2011 – NVIDIA bought baseband and RF technology company Icera for $367 million.
• November 7, 2006 – The company acquired audio technology company PortalPlayer for $357 million.
• August 4, 2003 – NVIDIA acquired chipmaker MediaQ for $70 million.
• April 11, 2002 – The company bought 3dfx Interactive’s graphics assets for $70 million in cash and 1 million shares.
• February 16, 2002 – NVIDIA acquired Finland-based Hybrid Graphics, for an undisclosed amount, to boost its mobile and embedded graphics capabilities.

For its innovative developments and remarkable work ethic, NVIDIA has received several notable awards over the years.

• Glassdoor chose NVIDIA as the best workplace of 2023, basing its accolade on NVIDIA’s employees’ reviews of the company.
• Comparably awarded NVIDIA the status of ‘Best Company Culture’ in 2023, highlighting its exceptional workplace environment.
• NVIDIA was listed third on Fast Company’s list of the most innovative companies of 2021.
• MIT Sloan and Glassdoor hailed NVIDIA as a Culture Champion in 2020.
• NVIDIA was called by Dow Jones the Best Green Company.
• The company was recognized in 2018 for its contributions to social and humanitarian projects using proprietary technology.
• The 2015 PACE Awards recognized NVIDIA’s Tegra Visual Computing Module for its innovation in keeping infotainment systems up-to-date.
• NVIDIA appeared on Forbes’s Just 100 list of 2021, finishing second as the Best Corporate Citizen, outclassed only by Microsoft.
• Harvard Business Review praised Jen-Hsun Huang as the best CEO in its 2019 and 2023 CEO rankings.

Source: NVIDIA

NVIDIA has formed strategic partnerships and collaborations with industry leaders across multiple sectors, playing a key role in driving growth, innovation, and market expansion. These alliances have allowed NVIDIA to expand its reach, enhance its product offerings, and shape the future of technology.

NVIDIA collaborates with a wide range of technology companies, research institutions, and industries. Notable partnerships include:

• Automotive Industry: NVIDIA partners with companies like Toyota, Mercedes-Benz, and Audi to integrate its AI-driven technology into autonomous vehicles and infotainment systems.
• Gaming Industry: Through collaborations with gaming giants like Microsoft, Sony, and Electronic Arts, NVIDIA powers some of the most advanced gaming experiences, offering cutting-edge graphics and AI solutions.
• Cloud Computing: NVIDIA works closely with major cloud service providers like Amazon Web Services (AWS), Google Cloud, and Microsoft Azure to provide cloud-based GPU services that accelerate AI and machine learning workloads.
• AI and Research: NVIDIA has teamed up with top universities and research institutes such as Stanford University and University of California, Berkeley to advance AI, machine learning, and deep learning technologies.
• Healthcare: NVIDIA’s technology is integral to healthcare collaborations, partnering with organizations like GE Healthcare and Pfizer to develop AI solutions that accelerate medical imaging and drug discovery.

These partnerships are instrumental in helping NVIDIA to deliver state-of-the-art products and services that lead in sectors from gaming to AI.

NVIDIA’s products and technologies have transformed industries, empowering businesses to achieve groundbreaking results. Below are testimonials and case studies that highlight the impact of NVIDIA’s innovations:

Testimonials

1. Microsoft Azure AI: “NVIDIA GPUs are at the core of our AI infrastructure, enabling us to scale generative AI models and deliver transformative solutions for our customers worldwide.” – Satya Nadella, CEO of Microsoft
2. Meta Platforms: “NVIDIA’s advanced chips are essential in powering our AI research and operational tools, supporting billions of interactions daily on our platforms.”
3. BMW Group: “By leveraging NVIDIA’s Omniverse platform, we’ve revolutionized our production processes with digital twins, improving efficiency and reducing costs.”
4. Tesla: “NVIDIA’s technology is fundamental to the advancement of AI and autonomous driving.” – Elon Musk

Case Studies

1. OpenAI and Generative AI Development: OpenAI uses NVIDIA’s GPUs to train large-scale generative AI models, such as ChatGPT, achieving state-of-the-art performance and scalability. NVIDIA’s CUDA and TensorRT software stack ensures these models can handle millions of user queries in real time.
2. University of California, San Francisco (UCSF): NVIDIA’s Clara AI platform accelerated UCSF’s medical imaging research, enabling the identification of patterns in complex datasets for faster and more accurate diagnoses. With Clara, UCSF reduced imaging processing times by 40%.
3. Tesla’s Autopilot Program: Tesla relies on NVIDIA DRIVE chips and AI algorithms for its autonomous driving system. NVIDIA’s GPUs process real-time sensor data, helping Tesla enhance safety and improve autonomous decision-making.

Value-Driven Metrics

1. Data Center Efficiency: Companies adopting NVIDIA’s DGX systems report up to a 30% improvement in AI model training times, translating to significant cost savings and faster time to market.
2. Gaming Industry Impact: NVIDIA’s GeForce GPUs power over 80% of the world’s gaming PCs, with RTX-enabled games achieving real-time ray tracing that enhances realism and immersion.
3. Enterprise Adoption: NVIDIA’s enterprise AI tools have driven a 45% increase in productivity for clients across industries like healthcare, finance, and logistics.

NVIDIA has established itself as a leader in technology through its innovative products, strategic partnerships, and a strong commitment to corporate responsibility. 

The company’s continued success stems from its ability to innovate, collaborate, and make a meaningful impact on both the technology sector and the world at large. As NVIDIA continues to push boundaries, it remains an indispensable player in shaping the future of AI, sustainability, and social responsibility.

NVIDIA designs its chips in the United States, primarily in Santa Clara, California. The actual manufacturing is outsourced to semiconductor foundries such as Taiwan Semiconductor Manufacturing Company (TSMC).

Yes, NVIDIA is an American company, founded in 1993 and headquartered in Santa Clara, California.

Yes, NVIDIA is publicly traded on the NASDAQ under the ticker symbol NVDA. Individuals can invest in the company by purchasing shares through stock exchanges.

NVIDIA has excelled due to its leadership in high-performance GPUs for gaming, AI, and data centres. Its products power industries like cloud computing, autonomous vehicles, and gaming, with strong demand for AI-driven technologies.

Whether NVIDIA is overvalued depends on individual investment perspectives. Some analysts believe its stock price is high relative to earnings, while others argue that the company’s growth prospects in AI, gaming, and other sectors justify its valuation.

NVIDIA is primarily known for designing graphics processing units (GPUs) for gaming, data centres, and AI. It also develops systems-on-a-chip (SoCs) for mobile devices and autonomous vehicles.

Both companies design GPUs, but NVIDIA is widely considered the leader in high-end GPUs for gaming and AI applications, while AMD competes with more affordable and mid-range products.

While NVIDIA is primarily known for its GPUs, it has ventured into CPU design with the ARM-based Grace CPU, aimed at the data centre market.

NVIDIA serves the gaming, data centre, automotive, and professional visualization markets, providing powerful computing solutions for AI, machine learning, and graphics rendering.

NVIDIA revolutionised gaming with its GeForce GPUs, offering realistic graphics and high performance. Technologies like RTX Ray Tracing and DLSS further enhance gaming experiences.

NVIDIA is a leader in AI technology, providing GPUs and AI platforms for deep learning, data science, and research. Their CUDA platform enables researchers and developers to run complex AI algorithms faster.

NVIDIA’s Drive platform powers autonomous driving systems by providing AI-powered computing solutions for self-driving cars, including real-time data processing and decision-making.

CUDA (Compute Unified Device Architecture) is NVIDIA’s parallel computing platform and application programming interface (API) that allows software developers to use GPUs for general-purpose computing tasks.

Yes, NVIDIA has committed to 100% renewable energy for its global operations and aims for net-zero carbon emissions by 2025, alongside sustainable product designs and energy-efficient technologies.

The NVIDIA Foundation is the company’s philanthropic arm, funding educational programs, diversity initiatives, and non-profits focused on using technology for social good.

NVIDIA’s major competitors include AMD (Advanced Micro Devices), Intel, and Qualcomm in the GPU, CPU, and AI sectors, as well as Google and Amazon in cloud computing.

As of 2023, NVIDIA employs approximately 30,000 people globally across its various business units, including research and development, manufacturing, and sales.

The RTX series is a line of gaming and professional GPUs featuring real-time ray tracing and DLSS (Deep Learning Super Sampling) technology for enhanced graphics and performance.

You can get involved with NVIDIA’s AI ecosystem by joining the NVIDIA Deep Learning Institute, using their CUDA platform, or contributing to AI research with their open-source tools and platforms.

Yes, NVIDIA actively supports the open-source community by contributing to various projects, including TensorFlow, PyTorch, and CUDA for AI development.

Yes, NVIDIA has made notable acquisitions, such as purchasing ARM Holdings (pending regulatory approval), Mellanox Technologies (a leader in high-performance networking), and Cumulus Networks (networking software solutions).