Nvidia (NASDAQ: NVDA) has achieved a market capitalization exceeding $3.5 trillion, making it one of the largest companies globally, trailing only Microsoft. Its rapid growth has been driven by the demand for its graphics processing units (GPUs), which are essential for artificial intelligence (AI) applications.
Nvidia’s revenue surged from approximately $27 billion in 2022 to $130 billion in its most recent quarterly report, resulting in an over 800% increase in share price. The company’s gross margin also improved from around 60% to 70%, significantly outperforming competitors like AMD and Intel.
As competition in the AI chip market intensifies, Amazon, which holds a 30% share of the cloud services market, could benefit. The overall cloud infrastructure market is valued at around $700 billion and is growing annually by 15%, making it critically positioned for future AI advancements.
