
Ever since the generative AI boom started and tech corporations started hopping on the bandwagon, NVIDIA has been on a roll due to a surge in demand for next-gen GPUs to facilitate sophisticated AI advances.
In 2023, NVIDIA was named the most profitable semiconductor chip brand in the world, with Microsoft and Facebook's Meta among its A-list clients. The high demand for GPUs heavily contributed to the chipmaker briefly becoming the world's most valuable company with $3 trillion in market capitalization.