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description: Find out why Nvidia was selected for the list
title: TIME100 Most Influential Companies 2023: Nvidia
image: https://static.time.com/v3/assets/bltea6093859af6183b/blteb10b124faca06da/698a3dc722fb856f15e2ec29/time100-companies-Nvidia-2023.jpg?branch=production&amp;width=3840&amp;quality=75&amp;auto=webp&amp;crop=16:9
---

Jun 21, 2023

# Nvidia

Cutting-edge chips

by 

Alison Van Houten

![Nvidia's H100 SXM.](https://static.time.com/v3/assets/bltea6093859af6183b/blteb10b124faca06da/698a3dc722fb856f15e2ec29/time100-companies-Nvidia-2023.jpg?branch=production&width=3840&quality=75&auto=webp&crop=3:2)

Nvidia's H100 SXM.

Nvidia's H100 SXM.Courtesy of NVIDIA

Training generative AI models like ChatGPT requires thousands of the fastest graphics processing units (GPUs). With 88% of the GPU market, Nvidia’s cutting-edge chips are enabling the [AI boom](https://time.com/5955412/artificial-intelligence-nvidia-jensen-huang/ "undefined") as its industry struggles to keep up with exploding demand. Nvidia’s flagship AI chip, the H100, has been fetching $40,000 on eBay—well over its retail price. After touching a $1 trillion market cap in May, the company announced that an even more powerful GPU-CPU combo chip, the GH200 (named after computing pioneer Grace Hopper), has entered full production. Meanwhile, Nvidia’s new supercomputer cloud service lets anyone train their own AI models for $36,999 per month.

---

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