NVIDIA
The company the AI build-out is denominated in: GPUs, systems, networking and CUDA.
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NVIDIA turned a graphics-chip business into the platform underneath modern AI: Hopper and Blackwell GPUs, NVLink rack-scale systems, InfiniBand and Spectrum-X networking from its Mellanox acquisition, and the CUDA software layer that holds it all together. Its data-center revenue grew roughly tenfold between 2023 and 2025, and in 2025 it became the first company to pass a $4 trillion, then $5 trillion, market value. Jensen Huang has led it since founding.
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