Nvidia’s CEO, Jensen Huang, recently spoke at the launch of the new AI supercomputer Gefion in Denmark, showcasing the company’s continued success in the semiconductor industry. Nvidia’s market cap has grown to $3.3 trillion, with shares soaring over 170% in 2024. The company’s revenue has more than doubled in the past five quarters, driven by demand for its GPUs like the H100. In contrast, rival Intel has struggled to keep pace, with shares falling by more than half this year. Nvidia’s addition to the Dow Jones Industrial Average reflects the growing importance of AI technology in the market.
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