October 4, 2024
Colette Kress | Fortune
 #CashNews.co

Colette Kress | Fortune #CashNews.co

Cash News

Colette Kress, Nvidia’s finance chief since 2013, has played a strategic role in positioning the tech company as an innovator in microprocessors, chip design, and data center computing design. Analysts consider Kress, who previously worked at Cisco and Microsoft, instrumental in Nvidia’s success on Wall Street—its market cap routinely flirts with $3 trillion—and a key strategic partner to CEO Jensen Huang. As AI continues to revolutionize industries, Nvidia is at the center of the boom as the dominant maker of highly sought-after graphics processing unit chips that power AI-related computing tasks. Demand for GPUs has skyrocketed since the AI supercycle in mid- 2023. For its fiscal year 2024, Nvidia’s revenue hit $60.9 billion, an increase of 126% from the previous year.

Leave a Reply

Your email address will not be published. Required fields are marked *