It was also awarded an Emmy award for the potential it helped unlock in the entertainment industry. In 2007, the company achieved its first ever quarter with more than $1 billion in revenue, and was named company of the year by Forbes magazine, Nvidia stock price increased on the news. The platform allowed the company’s GPUs to be used for more than rendering graphics, and would eventually prove to be one of Nvidia’s biggest advantages in the explosively growing world of artificial intelligence and machine learning. Perhaps the most consequential advance in Nvidia’s history was the 2006 launch of the company’s CUDA development platform. It was after 2005 when Nvidia stock price started generating interest and attention but still faced peaks and troughs. When, in 2004, the SLI connection standard was released, Nvidia saw a huge bump in the processing power it could achieve on a single machine. Nvidia stock price hit a then all time high of over $23 in January 2002 but Nvidia stock price dropped dramatically back down to single figures in the same year. The company continued to grow quickly from there. The company was the fastest every semiconductor company to reach $1 billion in revenue.
Just two years after going public, Nvidia was added the the S&P 500 in 2001. It offered 3.5 million shares in its IPO. All Rights Reserved.On January 22, 1999, the company holds its initial public offering on the Nasdaq exchange the Nvidia stock price was $12 a share. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Factset: FactSet Research Systems Inc.2019. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes.
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