Money Talks: The trillion-dollar question
Podcast: Economist PodcastsPublished On: Thu Jun 08 2023
Description: For over three decades, the people most excited about Nvidia’s chips have been gamers. They used its graphics cards to render games in super-high definition. But over the last 15 years Nvidia has slowly established itself as the go-to provider of chips and software to the booming artificial intelligence space. Now it is investors that are paying attention—Nvidia’s market cap has almost tripled this year, briefly soaring above $1trn in late May. On this week’s podcast, hosts Alice Fulwood, Tom Lee-Devlin and Mike Bird explore the astonishing rise of Nvidia. The Economist’s Guy Scriven explains how the AI boom made the Californian chip maker into a $1trn company. Stacy Rasgon, an analyst at Bernstein Research, charts the company’s “30-year journey to overnight success” and Pierre Ferragu from New Street Research tells them that Google and Amazon have their sights on the chip market.Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at www.economist.com/moneytalks For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer Hosted on Acast. See acast.com/privacy for more information.
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