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.
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