Nvidia Part III The Dawn of the AI Era

2022 — 2023

It’s a(nother) new era for Nvidia.

We thought we had closed the book on Nvidia back in April 2022. It turned out that was only the precursor to an even wilder journey.

Where the last book ended

An amazing journey: Jensen & crew set out to accelerate the world’s computing workloads.

A wondrous opportunity: machine learning — powered social media feed recommendations.

Incredible Power: they forged it in the CUDA platform and used it to triumph over seemingly insurmountable adversity — the stock market penalty-box.

18 months, two extremes

The Crash

$500B+ wiped away

One of the steepest stock crashes in history — more than half a trillion dollars of market cap lost, peak to trough.

The Rise

An even more fantastical rise

Nvidia became the platform powering the emergence of perhaps a new form of intelligence itself — and in the process became a trillion-dollar company.

April 2022

The story, as we knew it, was all wrapped up.

Next 18 months

A crash, a comeback, and a new era.

The throughline

Compute was always the quest: accelerate the world’s computing workloads.
Machine learning arrived first as a feed recommendation engine — not as a headline.
CUDA was the Power that carried Nvidia through the penalty-box and into the AI era.

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The dawn of the AI era.

Another chapter in the Nvidia saga

Nvidia Part III — The Dawn of the AI Era (2022–2023)