NVIDIA's graphics cards are renowned in the gaming community for being able to deliver incredible performance and realism, while the company's data center products offer investors a great way to ride the wave of companies moving their operations into the cloud. The company's platforms address four main markets, gaming, professional visualization, data center, and automotive, all of which are growing at a torrid pace. These trends should benefit NVIDIA for many years to come, implying plenty of price upside is still in store for shareholders. It's an ideal stock for tech investors to own for the long term, particularly since the company is benefitting from several technology-driven tailwinds. NVIDIA is described as an artificial intelligence computing company, and it develops and markets graphics and mobile processors for personal computers, workstations, and wireless devices like smartphones. Let's take a deeper look at some reasons that support NVIDIA stock heading higher in the coming months. NVIDIA is seeing massive growth in both its video games and data center segments and could have another positive catalyst on the horizon if the company can overcome regulatory hurdles and complete the Arm acquisition. Does the NVIDIA rally have any more gas left in the tank? If AMD's recent earnings are any indication, the answer is yes. With that said, the stock has already rallied considerably in 2021 thanks to a stock split, which has many investors pondering just how much more upside is in store for this semiconductor giant. It's the type of company involved in some of the most exciting and innovative industries globally, and with a global semiconductor shortage boosting demand for NVIDIA's products, there's a good chance the company delivers strong earnings throughout the remainder of the year. NVIDIA ( NASDAQ:NVDA) has certainly been one of the market leaders in recent years when it comes to chip stocks.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |