Nvidia Sees Revenue Surge, Poised to Overtake Tech Giants

Nvidia's transformation during the AI boom has been remarkable, and the chipmaker is on track to reach another milestone. Based on its latest growth outlook, Nvidia could become the second-largest U.S. technology company by annual revenue, trailing only Amazon.

This achievement would be extraordinary for a company that was primarily known for selling graphics processors to gamers before the AI boom. However, comparing Nvidia and Amazon purely on revenue is misleading due to their different business models.

Nvidia operates a high-margin, asset-light business centered on designing advanced GPUs, networking products, and computing platforms used in AI, data centers, gaming, and professional visualization.