With artificial intelligence (AI) seemingly taking over the tech and business worlds, no company has arguably benefited more from the boom than semiconductor designer Nvidia (NVDA +1.98%). So much so that it's currently the world's most valuable public company, with a market cap of around $4.41 trillion.
For perspective on Nvidia's valuation: It's more than Tesla, Taiwan Semiconductor Manufacturing, and Meta Platforms -- combined. Trading up 28% in the past 12 months (compared to the S&P 500's 12.7%), if you had invested $1,500 in Nvidia stock a year ago (ending Nov. 18), it would be worth around $1,918 today.
Image source: Nvidia.
Nvidia's recent success comes down to its role in powering modern data centers. It produces the GPUs that power the development and training of AI models, which has sparked significant investor interest in the company. There is strong investor sentiment that Nvidia's revenue will naturally grow with the growing AI demand and infrastructure buildouts that follow it.
NASDAQ: NVDA
Key Data Points
In its fiscal 2026 second quarter, Nvidia's revenue increased 56% year over year to $46.7 billion. Of that, 88% came from its data center segment ($41.1 billion, up 56%). As long as companies continue building data centers to accommodate AI developments, Nvidia should remain one of the most important companies advancing the technology.
