Long a star in the videogame world because of its high-performance graphics-handling computer chips, Nvidia technology is now coveted by companies investing in artificial intelligence. Nvidia shares surged as much as 27 percent, putting them on course for a record performance with a market cap above $900 billion. If Nvidia hits the one-trillion mark, it will join a club of only five companies -- all US tech giants except Saudi Aramco, the oil behemoth. "Nvidia has become kind of synonymous with AI," independent tech analyst Rob Enderle told AFP. The company "has been investing in the AI boom for almost two decades.

Source: The Star May 25, 2023 20:02 UTC