Image: Elias Gamez
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Last week Nvidia posted its latest quarterly sale results, revealing that – powered by surging demand for the computer chips driving AI software such as ChatGPT – by the end of July it would be sitting at US$11 billion, 50% more than Wall Street’s estimates.
This led to a mammoth 24.37% stock jump overnight, to a capitalisation of almost US$940 billion.
It also sparked an interest in what some are calling a “little-known” company that is now sitting at almost US$1 trillion valuation and has been a giant in the tech and gaming spaces for 30 years.
If you’re not across Nvidia or why it is suddenly getting so much attention, here are five things you need to know.
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