In 1849, when the Gold Rush hit California, the people who were certain to make money were not the miners, but the sellers of picks and shovels.
Indeed, America's first millionaire, Samuel Brannan, made his fortune by adding huge margins to everyday items that suddenly become high in demand. Sadly, he ended his days in poverty, a classic boom and bust story.
Today's sellers of picks and shovels are those providing the hardware and infrastructure to the software and platform providers, and one company stands apart as the beneficiary of the recent boom times in artificial intelligence: Nvidia. They're currently among the top three listed companies in the US, alongside Apple and Microsoft, and are incredibly profitable, with estimated margins in excess of 40%.
Nvidia has been around for 30 years, and is much more than simply chip fabricators. They recently issued their latest sustainability report, and I wanted to sit down with Josh Parker, Nvidia’s Head of Sustainability, to explore some of the challenges and opportunities he sees in this space.
Please join me in welcoming Josh Parker to Cleaning Up.
Watch the full episode with Josh Parker, Head of Sustainability at Nvidia, on YouTube, or find the audio version on Apple Podcasts or Spotify.
 | A guest post by
|