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10 facts about Nvidia

1. The company name Nvidia comes from the Latin "Invidia", which translated means envy or jealousy (English: Envy). In mythology, envy is often symbolized as an eye, which here is meant to point to the image representation of the graphics cards. The company logo therefore also shows an eye.

2. Nvidia's CEO Jensen Huang had worked at the competitor AMD before he founded the chip manufacturer Nvidia in 1993 for his 30th birthday. His current fortune is estimated at $12.2 billion.

3. Nvidia's and AMD's CEOs are related. Jensen Huang is Lisa Su's great cousin. Both have Taiwanese roots and kinship. It's curious because the two companies have always been fiercest competitors in the graphics card market. Lisa has been AMD's boss since 2014.

4. AMD components are installed in the current Playstation 5 and Xbox Series X but Nvidia was able to secure Nintendo as a customer. The Nintendo Switch uses an Nvidia Tegra X1 ARM quad-core processor, which is manufactured by TSMC. According to rumors, the upcoming "Nintendo Switch Pro" will also have an Nvidia chip and support 4K resolution on the TV.

5. Nvidia not only produces graphics cards for games and data centers, but also supplies components and software to Daimler and Volkswagen for autonomous driving. Market readiness is expected in 2024.

6. Furthermore, Nvidia also earns from the new 5G mobile standard through Virtual Radio Access Networks / vRAN. Through the Nvidia Aerial Framework, 5G, the Internet of Things (IoT) and edge computing will be intertwined.

7. Nvidia's most expensive consumer graphics card is currently the Geforce RTX 3090 with 24GB of GDDR6X memory for around €2,600.

8. Nvidia has a market capitalization (stock market value) of €272 billion (as of 03/30/21). In comparison: Intel €220 billion, AMD €87 billion, Daimler €80 billion, Infineon €46 billion. In the last year, Nvidia's stock has risen 84%, and +132% in the last three years.

9. The company does not have its own factories, but is "fabless." Its products are made at contract manufacturers like TSMC and Samsung Electronics. AMD and Qualcomm do a similar thing. Intel, on the other hand, has 15 of its own factories and will soon build two more.

10. Like AMD, Nvidia is also benefiting from the current boom in cryptocurrencies. PC gamers know that because of the crypto boom, many miners are buying graphics cards directly from the factory at a premium to use them to profitably mine altcoins. The market as well as the second-hand market for graphics cards has dried up and prices have risen absurdly. This circumstance moved Nvidia to launch the graphics card series "Nvidia CMP HX" without monitor outputs especially for professional crypto miners this year. AMD could soon follow this example.

You can get more info on Nvidia here at getquin.