Is Nvidia Doomed to be the Next Cisco? What Investors Should Know
No company embodies the Artificial Intelligence (AI) age more than Nvidia (NASDAQ: NVDA), whose GPUs (graphic processing units) are being used in data centers to power AI applications.
Nvidia's growth has been extraordinary. The company grew its revenue an incredible 265% in Q4 to $22.1 billion, with Data Center revenue soaring 409% to $18.4 billion. And with Nvidia's growth, investors have benefited, with the stock more than tripling over the past year.
Source Fool.com