NVIDIA initially produced graphics cards for video games, with the GeForce 256 launched in 1999 as the first marketed GPU.
The company later expanded into AI and deep learning, thanks in part to GPUs being ideal for the sequential tasks required by machine learning.
NVDA’s Tesla and A100 GPUs are some of the best for training large AI models and are used in natural language processing, image recognition, robotics, and more.
NVIDIA’s acquisition of ARM Holdings is still awaiting regulatory approval, but would give the company greater control over the design of chips used in smartphones, tablets, and other devices.
The company has established a foothold in cloud-based AI workloads, powering advancements in autonomous vehicles and next-gen entertainment platforms.
Gaming remains a core part of NVIDIA’s business, and its GeForce series of GPUs dominate the market.
The autonomous vehicle industry has also seen significant strides from the company, with NVIDIA DRIVE designed to power self-driving cars.
NVIDIA’s data center revenue contributed significantly to its overall growth, and the company’s NVIDIA Q3 earnings 2024 were above expectations.
Competition in the GPU market is intensifying, particularly with the rise of AMD and Intel, and regulatory scrutiny is growing over the company’s acquisition of ARM.
NVIDIA has positioned itself well for the future, with investment in AI, cloud computing, and autonomous vehicles expected to play an increasingly vital role.