NVIDIA's Top Competitive Advantages, According to Its CEO
NVIDIA (NASDAQ: NVDA) turned in robust fiscal third-quarter 2018 results earlier this month. The graphics-chip specialist's revenue jumped 32%, GAAP earnings per share surged 60%, and adjusted EPS soared 41%.
On the Q3 analyst conference call, talk centered on competition. That's because other companies have, or are exploring, approaches to artificial intelligence (AI) to rival NVIDIA's graphics processing unit (GPU) based approach to deep learning. In addition, news out earlier this month that Intel poached Advanced Micro Devices' former graphics head strongly suggests that the former will enter NVIDIA's turf, the discrete GPU space. The chip behemoth surely wants a piece of the AI business that's been propelling NVIDIA's data-center platform to torrid triple-digit year-over-year revenue growth in recent quarters.
CEO Jensen Huang outlined two of NVIDIA's key competitive advantages:
Source: Fool.com
NVIDIA Corp. Stock
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