Nvidia

Nvidia Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware. It is a software and fabless company which designs and supplies graphics processing units (GPUs), application programming interfaces (APIs) for data science and high-performance computing, as well as system on a chip units (SoCs) for the mobile computing and automotive market. Nvidia is also a dominant supplier of artificial intelligence (AI) hardware and software.
nvidia

Some of the key events about Nvidia

  • 1993
    Founded as a graphics chip company in Santa Clara, California
  • 1998
    Faced a class-action lawsuit over defective graphics chips in laptops
  • 1999
    Released the GeForce 256, the world's first GPU (Graphics Processing Unit)
  • 2001
    Introduced the nForce chipset, expanding into the motherboard market
  • 2002
    Paid $70.7 million to settle a shareholder lawsuit alleging financial misstatements
  • 2006
    Acquired PortalPlayer, entering the handheld device market
  • 2007
    Launched CUDA, a parallel computing platform and programming model
  • 2008
    Introduced the Tesla GPU computing product line for high-performance computing
  • 2008
    Agreed to pay $850,000 to settle charges of option backdating
  • 2009
    Paid $5.5 million to settle antitrust allegations related to graphics chips
  • 2011
    Discovered a major security flaw in its Tegra chipsets
  • 2014
    Unveiled the NVIDIA DRIVE automotive platform for autonomous vehicles
  • 2015
    Recalled Shield tablets due to fire hazard from overheating batteries
  • 2016
    Released the Pascal GPU architecture, significantly improving performance and efficiency
  • 2018
    Introduced the Turing GPU architecture with real-time ray tracing capabilities
  • 2018
    Faced criticism for inadequate disclosure of cryptocurrency mining impact on financial results
  • 2019
    Agreed to pay $5.5 million to settle charges of inadequate disclosures about cryptomining
  • 2020
    Completed the acquisition of Mellanox Technologies, expanding into data center networking
  • 2020
    Faced backlash for artificially limiting mining capabilities on RTX 3060 graphics cards
  • 2022
    Fined $5.5 million by SEC for inadequate disclosures about cryptomining's impact on gaming business

Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.

Nvidia Latest news

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Supreme Court's New Term: Regulatory Power and Corporate Lawsuits in Focus

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The U. S. Supreme Court's upcoming term features cases that could further limit federal agency authority and impact securities fraud lawsuits against tech giants, continuing a trend of regulatory rollback.

Business, Politics • September 16 2024, 05:48 PM  •  771 views
OpenAI's $150 Billion Valuation: Balancing AI Potential and Risks

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White House Hosts AI Summit: Focus on US Infrastructure and Collaboration

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Asian shares rise, buoyed by Wall Street's tech-driven rally. Japan's Nikkei 225 soars 2.8% amid currency fluctuations and concerns over Nippon Steel's U.S. acquisition bid.

Business, Economics • September 12 2024, 05:27 AM  •  862 views
Taiwan's Exports Soar to Record High, Driven by AI Chip Demand

Taiwan's Exports Soar to Record High, Driven by AI Chip Demand

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Business, Economics, Science • September 9 2024, 09:35 AM  •  486 views
Asian Markets Tumble Amid U.S. Job Market Concerns and Economic Worries

Asian Markets Tumble Amid U.S. Job Market Concerns and Economic Worries

Asian stocks fell following weak U. S. job data, sparking economic concerns. Japan's GDP growth disappoints, while Chinese markets face losses due to inflation data, impacting global financial sentiment.

Business, Economics • September 9 2024, 05:38 AM  •  656 views
Tech Stocks Lead U.S. Market Decline Amid Economic Uncertainty

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Business, Economics • September 6 2024, 07:32 PM  •  505 views
DoJ Escalates Antitrust Probe into Nvidia with Subpoena Issuance

DoJ Escalates Antitrust Probe into Nvidia with Subpoena Issuance

The U. S. Department of Justice intensifies its antitrust investigation into Nvidia, issuing subpoenas amid concerns over the company's market practices. This development impacts Nvidia's stock price amidst recalibrating AI expectations.

Business, Politics • September 3 2024, 09:08 PM  •  1841 views
Tech Slump and Manufacturing Woes Trigger Sharp Market Decline

Tech Slump and Manufacturing Woes Trigger Sharp Market Decline

Major stock indexes plummeted as weak manufacturing data and tech sector struggles reignited economic concerns. The Nasdaq fell 3.3%, while investors await the August jobs report and Federal Reserve's next move.

Business, Economics • September 3 2024, 08:25 PM  •  1385 views
Indian Shares Poised for Record High Amid Economic Data Anticipation

Indian Shares Poised for Record High Amid Economic Data Anticipation

Indian stock market set to open at all-time high, buoyed by global gains and domestic inflows. Investors await crucial economic data as Nifty 50 continues its impressive winning streak.

Business, Economics • August 30 2024, 03:01 AM  •  2734 views
Asian Markets Dip as Investors Eye U.S. Economic Data and Tech Sector

Asian Markets Dip as Investors Eye U.S. Economic Data and Tech Sector

Asian shares mostly declined as markets shifted focus to upcoming U. S. economic data. Nvidia's earnings report and its impact on tech stocks influenced global market sentiment.

Business, Economics • August 29 2024, 07:02 AM  •  7052 views
Indian Shares Poised for Slight Dip Amid Global Market Trends

Indian Shares Poised for Slight Dip Amid Global Market Trends

Indian shares expected to open lower, influenced by global market trends. Reliance Industries in focus after media merger approval. Investors await U.S. economic data and Reliance's AGM.

Business, Economics • August 29 2024, 03:06 AM  •  1033 views
Nvidia's Q2 Results Calm AI Bubble Fears, Showcasing Sustained Chip Demand

Nvidia's Q2 Results Calm AI Bubble Fears, Showcasing Sustained Chip Demand

Nvidia reports $30 billion Q2 revenue, up 122% year-over-year, easing concerns about AI investment bubble. Strong sales to tech giants fuel growth, despite some analyst skepticism.

Business, Science • August 28 2024, 10:10 PM  •  5807 views
Nvidia's AI Boom: Record Revenues and Market Valuation Surge

Nvidia's AI Boom: Record Revenues and Market Valuation Surge

Nvidia's latest quarterly results showcase unprecedented growth, driven by AI semiconductor demand. The tech giant's market value soars, rivaling industry leaders and significantly impacting S&P 500 gains.

Business, Economics, Science • August 28 2024, 09:45 PM  •  1339 views
Super Micro's Stock Plummets Amid Delayed Report and Accounting Concerns

Super Micro's Stock Plummets Amid Delayed Report and Accounting Concerns

Super Micro Computer's shares dropped 25% following a delayed annual report filing and accusations of accounting manipulation by Hindenburg Research. The company faces scrutiny over financial controls and past issues.

Business, Economics • August 28 2024, 05:34 PM  •  1239 views
UK Markets Open Flat as Investors Eye Economic Data and Nvidia Results

UK Markets Open Flat as Investors Eye Economic Data and Nvidia Results

FTSE 100 and FTSE 250 remain steady as pharmaceuticals and insurers lead slight gains. Market anticipates key economic data and Nvidia's earnings for insights on Fed rate cuts and AI-driven rally.

Business, Economics • August 28 2024, 07:48 AM  •  1035 views
Indian Shares Poised for Flat Open as Markets Near Record Highs

Indian Shares Poised for Flat Open as Markets Near Record Highs

Indian stock market expected to open steady near all-time highs. Investors cautious ahead of key economic data, with profit-taking anticipated in overheated sectors.

Business, Economics • August 28 2024, 03:05 AM  •  1368 views
Indian Shares Poised for Flat Open as Global Rally Pauses

Indian Shares Poised for Flat Open as Global Rally Pauses

Indian stock market expected to open steady near record highs. Global markets pause on U.S. rate cut anticipation, while oil prices rise due to Middle East tensions.

Business, Economics • August 27 2024, 03:04 AM  •  4317 views
Supreme Court to Address Securities Class Action Standards in Nvidia, Meta Cases

Supreme Court to Address Securities Class Action Standards in Nvidia, Meta Cases

The U. S. Supreme Court is set to review two significant cases involving Nvidia and Meta, which could reshape the landscape of shareholder class actions. Business groups have filed amicus briefs, highlighting the cases' broader implications.

Business, Economics • August 21 2024, 09:05 PM  •  495 views
Asian Markets Rise as Global Stocks Near Record Highs

Asian Markets Rise as Global Stocks Near Record Highs

Asian stocks mostly advanced, mirroring Wall Street's upward trend. China maintained lending rates, while Australia's central bank emphasized inflation control. Markets await Fed Chair Powell's speech at Jackson Hole.

Business, Economics • August 20 2024, 03:36 PM  •  194 views
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