Prediction: This Will Be Nvidia's Biggest Move Yet.
Nvidia (NASDAQ: NVDA) is known for inventing, staying ahead of the curve, and surprising the market with its latest innovations. This has helped the company dominate the artificial intelligence (AI) chip market, seizing 80% share, and become a general AI powerhouse.
Nvidia isn't about just AI chips anymore. The company sells an entire suite of products and services, from networking to enterprise software, to serve customers with AI projects.
All of this has helped Nvidia stock to soar in the quadruple digits over the past five years, and just this year, it's heading for a gain of more than 160%. Nvidia shares may not rise in a straight line forever and have dipped at certain points this year -- but the company still has plenty of fuel in the tank to power spectacular share performance over the long haul.
Source Fool.com
