Nvidia's Ascent Proves AI is Where It's At 🤖

Tech Companies Tech Brief By HackerNoon

This story was originally published on HackerNoon at: https://hackernoon.com/nvidias-ascent-proves-ai-is-where-its-at.
The Santa Clara, Calif.-based chip maker saw a meteoric rise in its stock price this past couple of weeks. The catalyst? Artificial intelligence.
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The public release and subsequent success of ChatGPT may have turned both OpenAI and Microsoft's fortunes around, but the hardware that makes large language models (LLM) like ChatGPT possible is mostly Nvidia's. What else would have the computational power to process large swathes of data if not Nvidia's graphic cards? So it was only a matter of time before Nvidia cashed in on all the success, in this case, with a massive and sudden increase in its stock price.