Nvidia has witnessed one of the most stunning success stories in recent years.. But before we get into the details, let’s have a quick history lesson. Nvidia was founded in 1993, and gained quick fame by producing GPUs for video games, which helped particularly with 3D display. However, with recent sudden improvement in AI technology, the company’s GPUs found incredible applications, with fourth quarter earnings in 2023 surging by 265%. Just a decade ago, the company was valued at $10 billion, before surging to $50 billion in 2016, and as of 2024, it reached a valuation of $2 trillion, becoming the third largest ... (full story)