TheBadPlaceYahoo Finance | Wall Street's Most Consequential Company -- Whose Shares Have Gained 464,000% Since 1999 -- Turns 33 Today
Wall Street's Most Consequential Company -- Whose Shares Have Gained 464,000% Since 1999 -- Turns 33 Today
You may not realize it, but what's arguably become the most important publicly traded company of our generation was founded 33 years ago today. On April 5, 1993, Nvidia (NASDAQ: NVDA) was cofounded in Sunnyvale, CA, by Jensen Huang (the company's current CEO), Chris Malachowsky, and Curtis Priem.
Although Nvidia was best-known for its graphics processing units (GPUs) used in PC gaming for decades, it's the company's artificial intelligence (AI) contributions that have sent its shares up nearly 464,000%, including dividends paid, since its initial public offering in January 1999.
