How long can Nvidia (NVDA.O), opens new tab and its CEO, Jensen Huang, wear the crown as the tech world’s dominant supplier of artificial-intelligence chips?
Whether it is months, years or decades, the question will be key when Huang – who co-founded Nvidia in 1993 and has been CEO ever since – sets foot on the stage of a Silicon Valley hockey arena on Monday to unveil new flagship products.
The occasion is the company’s annual developer conference, the first to be held in person since the pandemic. Nvidia expects 16,000 people to attend its GTC event live, roughly double the number who went to the 2019 show in person.
Nvidia’s market capitalization topped $2 trillion in late February, and it is now a “mere” $400 billion away from eclipsing Apple (AAPL.O), opens new tab as Wall Street’s second-most valuable company, behind stock market leader Microsoft (MSFT.O), opens new tab.