![]() ![]() NVDA chips can already be found in 8 of the top 10 supercomputers and 2/3rd of the top 500. Nvidia is also leveraging 5G with its anticipated cloud gaming platform. This company is crucial to the discovery of true AI, which will be an inflection point in human understanding. And new NVIDIA computing applications in 5G, genomics, robotics, and autonomous vehicles enable us to continue important work that has great impact." NVIDIA completely controls the datacenter GPU market with no close competitors (despite AMD's attempts). CEO and founder of Nvidia, Jensen Huang, said in a recent press release that "NVIDIA AI is enabling breakthroughs in language understanding, conversational AI and recommendation engines ? the core algorithms that power the internet today. NVIDIA's hyper-fast GPUs are becoming a necessity in datacenters specifically for the function of developing deep learning and artificial intelligence (as I mentioned above). Datacenters are going to be king in a world headed towards cloud computing, and Nvidia's hyper-fast GPUs are becoming a necessity. ![]() The company invented the graphics processing unit (GPU), initially purposed for rendering images, but now possesses capabilities beyond graphics cards. This is a stock you want exposure to as we enter the 4th Industrial Revolution.The BusinessNVIDIA has become the most cutting-edge chipmaker in the world today. Sell-side analysts have been pushing up their EPS projections over every time horizon, propelling NVDA into a Zacks Rank #1 (Strong Buy). NVIDIA's rapidly advancing datacenter chip technology will almost unquestionably be a part of the discovery of "true AI" (machines that surpass human intellect) in the coming years/decades (many hypothesize that this will occur by 2050).Analysts are relentlessly bullish on NVDA as the company consistently blows out estimates each quarter. The level of growth that NVIDIA has achieved is nothing short of incredible as the enterprise sets the bar for innovation in tech.This GPU powerhouse has been able to justify its exceptionally rich 57x P/E multiple with consistently outsized profitable growth that has driven between 40-70% year-over-year sales appreciation in the past 7 consecutive quarters (flowing down to high double to triple-digit net income expansion), along with record top and bottom-line results in each of the last 6 earnings releases.The company is playing a critical role in the development of machine learning and artificial intelligence (AI). NVIDIA NVDA, the largest semiconductor innovator in the US, has been one the best performing equities of the past decade, having skyrocketed over 5,500% in the past 10 years as this GPU pioneer and its visionary leader, Jensen Huang, take the chip market by storm.NVIDIA is the most exciting chipmaker in the market today, producing chips with unmatchable capabilities that have transformed this business into the superstar it is today. ![]()
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