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Founded in 1993, Nvidia is a leading semiconductor company specializing in graphics processing units (GPUs) and accelerated computing solutions. Nvidia’s GPUs are widely used for gaming, visual computing, and artificial intelligence applications, and the company competes with other semiconductor companies such as Intel, AMD, and Qualcomm, as well as tech giants like Alphabet and Amazon. The recent increase in the stock price of NVDA prompts a reconsideration of whether it is overvalued relative to its industry counterparts. NVDA is also in a unique position in the worldwide AI fad, as smaller startups and budget-constrained researchers and entrepreneurs may turn to gaming GPUs for their AI development needs.
