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The hegemony of GAFAM shaken by the meteoric growth of a founder

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Nvidia is now worth more than Google or Amazon on the New York Stock Exchange. This is the scathing observation that the market has been displaying for several hours, the founder can now boast of a capitalization commensurate with its sales figures: 1  Around $825 billion. For comparison, that's five billion dollars more than Alphabet, and Amazon is only worth $1,776 billion as of this writing.

If this name doesn't mean anything to you, know that the company Nvidia presents itself today as the main competitor of AMD or Intel in the computer processor market. More specifically, Nvidia specializes in graphics cards. For some time now, the company has also been designing solutions powered by artificial intelligence, convincing major players in the fields of health, financial services and even retail. AI is also favored by the publisher to improve the cybersecurity of its customers, offering solutions to detect fraud, to fight against ransomware or to deal with phishing attempts. Advantages primarily intended for professionals, but whose advantages remain to be qualified in view of the lower costs offered by simple antiviruses for the general public.

At Nvidia, there is also talk of providing restaurants with AI. The developer knows how to design programs integrating voice recognition into order terminals. The pizza delivery company Domino’s is also known for using the brand's RAPIDS libraries for its inventory management (prediction and optimization). Faced with this value proposition, virtual machines from Azure Data Science (Microsoft) and IBM Watson are also international benchmarks.

Miraculous numbers…

How could Nvidia see its valuation almost quadruple in barely a year?? Today, its stock on Wall Street is trading for $739, while ;#8217;it was estimated at less than 200 dollars at the start of 2023. A success that can easily be described as phenomenal, given the lackluster scores of PC brands, which are struggling to cope to the crisis.

This could in particular be explained by increasing income, going from 24.27 billion dollars in 2021 to nearly 28.5 billion dollars in 2022, for a turnover of approximately 45 billion dollars during the last two calendar half-years. With this, let's not forget that TSMC, currently second in market capitalization in the Big Apple, is still very much suffering the consequences of the (moderate) risks of an invasion of Taiwan by China.

In particular, TSMC designs all the chips that now equip the new Macs, iPhones and iPads offered in the Apple Store. The A17 Pro processor in the iPhone 15 Pro and iPhone 15 Pro Max is notably due to the brains of the Asian founder. The latter would also work on the future M4 motherboard, which will probably be intended for a MacBook Pro and an iMac by the end of 2024 or even next year.

And tomorrow?

Despite everything, analysts no longer all agree that growth will still be required in the coming weeks. Moreover, following a significant increase in the value of a stock like that known by Nvidia in recent months, the trend is generally towards calm or even resale &#8211 ; and this on a large scale. Even more so for material that is ultimately a minority within the creator economy, and which does not always bring everyone in agreement. MarketWatch (a Dow Jones subsidiary) indicates that analysts' estimates do not on average exceed $710 today, still nearly 5% less than the current value of $8217. ;an NVDA title.

  • Nvidia now weighs more than Google or Amazon
  • The company designs graphics processors for consumer computers
  • Nvidia also offers solutions with artificial intelligence, but more dedicated to professionals

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Teilor Stone

By Teilor Stone

Teilor Stone has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining Thesaxon , Teilor Stone worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my teilor@nizhtimes.com 1-800-268-7116