Why Nvidia and not OpenAI is Generative AI's Symbolic Company

Nvidia, Gemini, China and the A.I. Arms race for 🔥 AGI heats up.

Hey Everyone,

I’ve been thinking a lot about Nvidia of late. Somewhere in the summer of 2023, Nvidia took over the mantle from OpenAI as the company most synonymous with the Generative A.I. movement. Consider this:

• Nvidia’s stock NVDA 0.00%↑ is up 215% at the time of writing year to date (YTD). That’s an unprecedented increase.

• Guidance for the company’s upcoming quarter was such that the company expects around $16 billion of revenue for its fiscal third quarter, up 170% compared with the year-ago period.

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Nvidia’s Stock is a Symbol of the Generative A.I. Boom