On March 7th, as artificial intelligence continues to surge globally, NVIDIA has emerged as the undisputed champion of the AI industry.
Since the AI boom ignited with the release of ChatGPT at the end of 2022, NVIDIA has become the hottest commodity in the market. Investors who placed their bets on NVIDIA have seized a wealth-building opportunity described as a "once-in-a-decade" phenomenon.
In the recently concluded mid-2023, NVIDIA not only witnessed a staggering 581% year-on-year increase in net profit but also saw its stock price skyrocket from over $100 per share at the beginning of the year to an astonishing $800-plus (crossing $1000 seems imminent), resulting in a market capitalization growth exceeding a trillion dollars.
Tesla's founder, Elon Musk, aptly depicted the fervor around NVIDIA, stating, "It seems like everyone and their dog is buying NVIDIA GPUs."
Many investors in NVIDIA have amassed substantial wealth globally, and some users even boldly assert that Huang Renxun hasn't let down those who purchased his graphics cards—the believers in a promising future.
GTC, NVIDIA's annual global developers' conference, is considered a grand event in the entire AI and deep learning domain. As per tradition, significant product or technology announcements are expected at the conference. According to Huang Renxun, the company's order books are set to be filled to capacity for the next two years, ensuring a robust future.
