AI helps NVIDIA regain its Global Leadership
By MYBRANDBOOK
After June, Nvidia has again replaced Apple, valued at $3.43 trillion at the close of market late on Tuesday. Jensen Huang-led Nvidia’s stock rose 2.9 per cent to $139.93, resulting in a market capitalisation of $3.43 trillion. The chipmaker now accounts for 7 per cent of the weight of the S&P 500 Index.
While Apple dominated with its consumer electronics innovations, NVIDIA’s expertise in AI infrastructure and its high-performance GPUs have become indispensable across diverse industries, from cloud computing to autonomous vehicles. “Hopper demand remains strong, and the anticipation for Blackwell is incredible. Nvidia achieved record revenues as global data centers are in full throttle to modernise the entire computing stack with accelerated computing and generative AI,” said elated Huang.
During the first half of fiscal 2025, the chipmaker returned $15.4 billion to shareholders in the form of shares repurchased and cash dividends. As of the end of the second quarter, the company had $7.5 billion remaining under its share repurchase authorisation. The company’s outlook for the third quarter of fiscal 2025 predicts revenue to be $32.5 billion, plus or minus 2 per cent.
NVIDIA’s dedication to AI has not only redefined its identity but has also positioned it as a leader in the ongoing AI revolution. Its innovative GPU technology, strategic partnerships, and expansion into new sectors solidify its standing, with NVIDIA's role in global AI development continuing to grow. As AI reshapes industries worldwide, NVIDIA’s technological contributions will likely be central to this transformation, further strengthening its status as a global leader.
BREAKING NEWS
TECHNO TRENDS
Google to invest fresh $1 bln in OpenAI rival Anthropic
Google is making a fresh investment of more than $1 billion into AI startu...
Ola Electric Faces Scrutiny By SEBI
Ola Electric Mobility Limited has received an administrative warning from...
Microsoft announces US $3bn investment to strengthen India's c
During his visit to India, Microsoft Chairman and CEO Satya Nadella has t...
Parliamentary panel pulls up IT ministry for underutilizing se
A parliamentary panel on Communications and IT has pulled up the MeitY fo...
E-Magazine
TECHNOTAINMENT
Sandhya Theatre stampede case: Allu Arjun sent to 14-day judic
Allu Arjun has been sent to 14 days of custody in connection with the deat
Pushpa 2 leaks online after recording highest pre-sales in Ind
Pushpa 2, which is one of the most anticipated films of the year, has had a
MOVERS & SHAKERS
Achint Setia named Snapdeal CEO, Himanshu Chakrawarti to lead
AceVector Limited has announced two key leadership changes aimed at drivin
Kamal Nath quits SIFY Technologies
Headquartered in Chennai, India, Sify - a NASDAQ-listed company is a comp
OPEN YOUR EYES
INTERVIEWS
Alcatel-Lucent Enterprise Carrying a 100 year legacy ahead
A good amount of R&D works and global support services are operated out of
Bolstering its commitment to help build a truly self-reliant B
CP PLUS is dedicated to spreading a sense of security to every corner of In
HOT PICK
SonicWall Launches TZ80: A Powerful Solution for Remote Office
SonicWall announced today the launch of the TZ80, a groundbreaking securit
Gigabyte X3D Turbo: A Gaming Revolution
GIGABYTE X3D Turbo Mode is a cutting-edge feature that unifies cores distr
MAKE IN INDIA BRANDS
TALLY SOLUTIONS PVT. LTD.
SAFE SECURITY SERVICES PVT. LTD.
GLOBUS INFOCOM LTD.
AMARA RAJA POWER SYSTEMS LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Icons Of India : Anil Kumar Lahoti
Anil Kumar Lahoti, Chairman, Telecom Regulatory Authority of India (TR...
Icons Of India : GAUTAM ADANI CHAIRMAN ADANI GROUP
Gautam Adani is the Founder and Chairman of the Adani Group, which ran...
Icons Of India : PRATIVA MOHAPATRA
Prativa is a transformational leader with an incredible breadth of exp...
PARTNER SPEAKERS
PSU
NPCI - National Payments Corporation of India
NPCI is an umbrella organization for operating retail payments and set...
GSTN - Goods and Services Tax Network
GSTN provides shared IT infrastructure and service to both central and...
IREDA - Indian Renewable Energy Development Agency Limited
IREDA is a specialized financial institution in India that facilitates...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - REVATHI ADVAITHI, CEO- Flex
Revathi Advaithi, the CEO of Flex, is a dynamic leader driving growth ...
Indian Tech Talent Excelling The Tech World - George Kurian, CEO, Netapp
George Kurian, the CEO of global data storage and management services ...
Indian Tech Talent Excelling The Tech World - ARVIND KRISHNA, CEO – IBM
Arvind Krishna, an Indian-American business executive, serves as the C...
STARNITE AWARDS 2024
ITFORUM 2024
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
