Nvidia (NVDA) has been on a remarkable journey in recent years. The company’s stock price has surged to new highs, more than tripling since the start of 2017. The company has become a major player in the graphics processing unit (GPU) market and is now considered one of the leading players in artificial intelligence (AI) and gaming.
The company’s rise began in 2015 when it launched the Pascal GPU architecture. Pascal was the first architecture to use the new GDDR5X memory, which gave it a significant performance advantage over its competitors. This led to increased demand for Nvidia GPUs, which resulted in a surge in their stock price.
Nvidia has also been at the forefront of the AI revolution, developing powerful GPUs for machine learning and deep learning applications. The company has also aggressively pursued the gaming market, launching its own GeForce gaming platform and partnering with some of the biggest names in gaming.
Nvidia has recently released its new Turing architecture, which is the most advanced GPU architecture yet. Turing is designed to be more efficient and powerful than Pascal and is expected to be the foundation of the company’s next generation of gaming and AI products.
Nvidia’s success has been fueled by its focus on innovation and its ability to capitalize on new opportunities. The company has unlocked tremendous growth potential in AI, gaming, and other markets and its stock price is a testament to this success. With the release of Turing, Nvidia looks poised to continue its remarkable growth story.