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Could Micron Technology Become the Next Nvidia?


Nvidia (NASDAQ: NVDA) has turned out to be a terrific investment over the years as the chipmaker's dominance of the graphics processing unit (GPU) market has helped it grow rapidly.

From generating just $4 billion in revenue in fiscal 2012 when the use of graphics cards was limited to only a few applications such as personal computers (PCs) and mobile devices for gaming, Nvidia has come a long way. GPUs are now being deployed in huge volumes across a wide range of applications, including computers, consoles, data centers, workstations, and self-driving cars.

Image source: Getty Images.

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Source Fool.com

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