Nvidia Has Racked Up a Nearly $20 Billion Profit Over the Last 5 Months From an Unlikely Source
2026-06-03 07:26:00 ET
No trend has played a bigger role in sending the Dow Jones Industrial Average , S&P 500 , and Nasdaq Composite to record highs than the evolution and proliferation of artificial intelligence (AI) . Empowering software and systems with the tools to make autonomous, split-second decisions is a $15.7 trillion global opportunity by 2030, according to PwC analysts.
And no company has been more foundational to this AI-driven rally than Nvidia (NASDAQ: NVDA) , which has added nearly $4.8 trillion in market value since the start of 2023. While Nvidia's graphics processing units (GPUs) have done most of the heavy lifting , CEO Jensen Huang's company has racked up a nearly $20 billion profit from an unlikely source over the previous five months.
Image source: Nvidia.
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