Nvidia now has the reputation of being America’s best business brand

Business

Nvidia headquarters in Santa Clara, California, May 21, 2024.
Photo: Justin Sullivan (Getty Images)

Nvidia said, The world’s most valuable semiconductor company According to a new survey, the company’s reputation now tops the list of most recognizable brands in America.

Nvidia earnings surprise market, shares soar

The chip maker 2024 Axios-Harris Poll 100Based on 20 years of Harris Poll research, the survey assesses the reputations of the 100 companies “that Americans care about most.”

The polling firm first surveyed 6,273 Americans from January 16 to 27, 2024 to measure the perception of companies as “good or bad in society” based on each respondent’s opinion. These responses were used to determine the 100 “most visible” companies. Then, in a second online survey of 16,500 Americans from March 6 to 18, the survey asked respondents which of the 100 brands they were familiar with, and then asked them to rate two of them in nine categories, to calculate the rankings. In a third step, a different group of respondents was asked another set of questions related to brands and politics in an online survey from May 10 to 19.

Nvidia ranked in the top 10 in every category, including first place in trajectory, culture, vision and growth. It was ranked second in products and services, fifth in character, sixth in citizenship, eighth in trust and tenth in ethics.

The chipmaker recently reported that its first-quarter fiscal 2025 profits beat Wall Street expectations. Record revenue of $26 billion — Up 262% from the same period a year ago. Revenue for the quarter ended April 28 was up 18% from $22 billion in the previous quarter, also beating expectations.

The company’s Hopper chips are essential for training and inference on the world’s most powerful artificial intelligence models, helping propel Nvidia into the ranks of the first chipmaker to reach a $2 trillion market capitalization in February. The third most valuable company in the world March.

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“NVIDIA is known as the world’s most valuable chip company, and according to a new survey, that reputation now tops the list of America’s most recognized brands. Read more…”
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Source link: https://qz.com/nvidia-best-reputation-americas-most-visible-brands-1851500134

Author: BLOGGER