AI is here and it’s not going anywhere. No matter what your feelings are on the new form of technology, it’s already been incorporated into our daily lives. Apps are using AI to generate pictures and run algorithms to see what it is like. Data has been stored and able to be viewed in amounts we never truly thought possible. Video games are running on this technology now. One of the biggest names in all of AI has been Nvidia (NASDAQ: NVDA).

If you haven’t heard of them yet, be ready to start to hear all about them. Mostly everyone has played a video game at one point in their life. Phone games have become even more popular than before, thanks to how many people rely on public transportation to get to and from work these days. One of the leaders in producing the graphics that you see in these games is Nvidia.

The company takes the help of AI to create the graphics that the data has shown people like to see the most. Another area of life Nvidia has already leaped in is the business world. With all of this new processing power comes many new ways to look at and store data.

The AI tool Nvidia uses also helps businesses decide what brands to sell and what times of year to release new things. We might not even know it, but we send signals to AI and Nvidia every day, even if it’s a simple Google search. Nvidia is quickly becoming the future of technology and AI. 

Who Owns Nvidia?

Nvidia is currently a publicly traded company on the New York Stock Market. As of December 1, 2023, the stock is selling for $467 per share. The company was founded by Jensen Huang, Curtis Priem, and Chris Malachowsky. Jensen is still the President and CEO, meaning all decisions still funnel through one of the founders. While this might seem like something that should happen, it doesn’t always when it comes to companies who have been put on the stock market.

Lots of times, the shareholders in the company overtake the founders and start to carve out a path for how they see the company. This can work either for or against a company. If it’s a brand-new company without a clear vision for what’s to come, then this is incredibly important.

If it’s a company that’s been around for a while and has a sense of direction, it’s smart to just let them do what they do while they raise funds to continue expanding. Nvidia is one of the companies all people who are involved in AI should follow to get the best sense of how to expand. 

How Did Nvidia Get Its Start?

Nvidia was first formed during a meal at Denny’s in 1993 in San Jose, California. The company was originally founded before computers had truly taken over, and they wanted to jump on that wave. They wanted to create proper graphics for what computers were going to be able to do shortly. The fact that these men could already see the future before it arrived is truly spectacular and shows just how much they know the industry. Another wave they could see coming was video games.

This industry was also in its infant stages and didn’t have the control it has today. There were times when video games almost went away. People were so used to spending time outdoors and doing stuff that staying inside all day to look at a screen was an insane idea. The three founders of Nvidia had a vision for the future, and they couldn’t have been more right in it. 

What Could Nvidia’s Stock Get to?

Nvidia has been talked about as one of the stocks with the highest growth potential of any stock in the near and far future. This is thanks to how they always adapt to what’s going on in the technology world without a single hiccup. As previously mentioned, the stock is selling for $467 today. This is after the stock has already split numerous times to help get more people to invest in it. Some metrics suggest the stock could go up to $1,800 per share in the next five years.

The key for this to happen is the stock can’t split. It has to maintain the level of growth they’ve had over the last couple of years. There’s no saying how high it can truly get. They’re proving to be one of the leaders in our future and the future of AI. It’s worth getting in on now before it’s too late. 

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