Profile: NVIDIA is the world leader in the design, development, and marketing of programmable graphics processors.NVIDIA designs graphics processing units for the gaming and professional markets, as well as system on a chip unit for the mobile computing and automotive market.
NVIDIA Corporation was founded by Jensen Huang, Chris Malachowsky, and Curtis Priem in 1993.
In the year 1997, the company introduced the world’s first 128-bit 3D processor, RIVA 128. It received OEM acceptance, and more than one million units are shipped within its first four months.
The company’s invention of the GPU in 1999 made possible real-time programmable shading, which defines modern computer graphics, and later revolutionized parallel computing. In 2001, NVIDIA enters the integrated graphics market with the nForce platform. Later in 2005, NVIDIA developed the processor for Sony’s PlayStation 3 gaming console.
With a market capitalization of US$237 Billion, NVIDIA specializes in products and platforms for the large, growing markets of gaming, professional visualization, data center, and automotive. The company holds more than 1,100 U.S. patents, including ones covering designs and insights fundamental to modern computing.
Top Executives: Jensen Huang, the founder of the company, has served since its inception as president, chief executive officer, and a member of the board of directors. Another founder of the company, Chris Malachowsky has more than 30 years of industry experience. He serves as a member of the executive staff and a senior technology executive for the company.
Top Shareholders: Institutional investors own over 50% of the company, The Vanguard Group, Inc. is currently the company’s largest shareholder with 7.9% of shares outstanding. Blackrock Inc owns 7.24%, FMR, LLC owns 7.03% and State Street Corporation owns 4.10% of the stake in the company. The founder of the company Jensen Huang directly owns 1.375 million shares of Nvidia along with 20.45 million shares held indirectly through trusts. His total shareholding of around 22 million shares gives him control over 3.8% of the company. The general public have25% ownership.
Sales: for the third quarter ended October 25, 2020, NVIDIA reported record revenue of $4.73 billion, which is up 57 % from $3.01 billion a year earlier, and up 22 % from $3.87 billion in the previous quarter. The company paid $99 million in quarterly cash dividends in the third quarter.
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