At the company’s annual developer conference, CEO Jensen Huang introduced the B200 “Blackwell” chip along with a suite of new software tools.

With an impressive 80% market share in AI and a market value reaching $2 trillion last month, NVIDIA stands as the third-most valuable company in the US, following Microsoft and Apple.

Observers noted an electric atmosphere at the conference, reminiscent of early Steve Jobs presentations, as Huang showcased the advancements.

Major players like Amazon, Google, Microsoft, and OpenAI are expected to adopt the new flagship chip, while the company’s expansion into automotive sectors and robotics underscores its commitment to innovation.

Despite growing competition from rivals like AMD and Intel, NVIDIA’s early investments in AI technology have positioned it as a key player in the rapidly evolving tech landscape, ensuring continued growth and influence in the industry.