Nvidia Just Did the Unthinkable. Is It a Buy?
Some companies are simply unpredictable in the stock market. In the past two quarters, I've written about how Nvidia (NASDAQ: NVDA) may have difficulty meeting expectations. Both times, it blew projections out of the water. And now Nvidia expects to report record revenue again in Q3 after just doing it in Q2.
Because Nvidia is highly unpredictable, is it worth an investment now? Or does it need to stay in the "too difficult to understand" category? Let's find out.
Nvidia's primary products are GPUs (graphics processing units). While consumers may purchase one of these hardware pieces to power their gaming desktop, companies with data center and artificial intelligence (AI) aspirations buy thousands of these GPUs at a time.
Source Fool.com
