Nvidia is at the center of an emerging trend in technology that is the use of generative artificial intelligence (AI) applications. This has supercharged Nvidia’s stock this year as investors and analysts expect the company’s graphics processing units (GPUs) to play a major role in the proliferation of this space. Microsoft-backed OpenAI’s popular chatbot ChatGPT reportedly employs 20,000 Nvidia data center GPUs for processing data, with OpenAI expected to deploy at least 30,000 graphics cards from the semiconductor giant.
