How Nvidia became the world’s most important company overnight


Source: afr.com afr.com

Key Topics in this News Article:

News Snapshot:

The best news for investors was that the company predicted the party would continue, forecasting another leap in sales in the third quarter of this year. Shares, already at a record high, rose by 6.5 per cent as markets opened on Thursday and to some, the only question is how high can it can go. The latest rally cemented Nvidia’s spot as a world-leading tech giant. Jensen Huang, Nvidia’s chief executive and principal founder, always had big ambitions. The company decided to focus on video games in the 1990s when Huang observed demand for increasingly advanced computer graphics and predicted...