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NVIDIA CORPORATION

(NVDA)
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NVIDIA : to Drive “Advances for Decades to Come,” Time Magazine Writes

09/15/2021 | 09:22am EDT

Highlighting NVIDIA's fast-growing impact, Time magazine Wednesday named NVIDIA CEO Jensen Huang to its list of most influential people of 2021.

NVIDIA has enabled a revolution that 'allows phones to answer questions out loud, farms to spray weeds but not crops, doctors to predict the properties of new drugs-with more wonders to come,' Andrew Ng writes in a story featured on the cover of the iconic weekly magazine's latest issue.

'Artificial intelligence is transforming our world,' writes Ng, who is founder of DeepLearning.AI, founder and CEO of Landing AI, and chairman and co-founder of Coursera. 'The software that enables computers to do things that once required human perception and judgment depends largely on hardware made possible by Jensen Huang.'

Huang was one of seven honored on Time's cover for Time's annual issue on the world's 100 most influential people. Others profiled include U.S. President Joe Biden, Tesla CEO Elon Musk, Buccaneers Quarterback Tom Brady and singer Billie Eilish.

'In 2003, amid great skepticism, Huang directed his company Nvidia to adapt chips designed to paint graphics on computer screens, known as graphics processing units or GPUs, to perform other, more general-purpose computing tasks,' Ng explains.

'The resulting advancements-and powerful chips-laid a foundation that could accommodate much bigger neural networks, the programs behind much of today's AI,' Ng writes.

Huang's gambit worked, Ng explains, because he is among the world's 'most technically savvy CEOs.' He's also 'a compassionate steward of his employees and a generous supporter of education in science and technology.'

'With still emerging AI technologies creating an insatiable hunger for more computation, Huang's team is well-positioned to keep driving technological advances for decades to come,' Ng concludes.

Read the entire story here.

Disclaimer

Nvidia Corporation published this content on 15 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2021 13:21:04 UTC.


ę Publicnow 2021
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Financials (USD)
Sales 2022 25 757 M - -
Net income 2022 8 764 M - -
Net cash 2022 11 961 M - -
P/E ratio 2022 73,9x
Yield 2022 0,07%
Capitalization 617 B 617 B -
EV / Sales 2022 23,5x
EV / Sales 2023 20,5x
Nbr of Employees 18 975
Free-Float 62,0%
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Number of Analysts 42
Last Close Price 247,17 $
Average target price 228,69 $
Spread / Average Target -7,48%
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Managers and Directors
Jen Hsun Huang President, Chief Executive Officer & Director
Colette M. Kress Chief Financial Officer & Executive Vice President
William James Dally Chief Scientist & Senior Vice President-Research
Tony Tamasi Senior Vice President-Content & Technology
Debora Shoquist Executive Vice President-Operations
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