Meet Nvidia's Next Billion-Dollar Opportunity
Nvidia (NASDAQ: NVDA) has become the go-to destination for companies looking to build artificial intelligence (AI) programs. That's because the tech giant offers customers the basic element, the chip, to power the most crucial of AI tasks: the training and inferencing of large language models (LLMs), so those models then can go on to carry out complex tasks.
But Nvidia isn't just a chip designer. The company also offers complete systems, including software, to support AI projects.
All of this has translated into billions of dollars in revenue and net income, and the company has reported record earnings quarter after quarter in recent times. Investors have appreciated the performance, and this has pushed the stock to a triple-digit gain over the past year.
Source Fool.com
