NVIDIA Is a Stellar Long-Term Investment

NVIDIA Is a Stellar Long-Term Investment

NVIDIA (NASDAQ:NVDA) has taken a lead in the graphics processing market. In 2015, the company snatched a majority of the market share from its rival Advanced Micro Devices (NASDAQ:AMD). Moreover, the company has performed well this year due to the launch of its new GPU architecture, Pascal. Sales are escalating in its core gaming market due to the launch of efficient Pascal-based graphics cards. Not only has NVIDIA relished rising demand entirely for its graphics cards, but also progressively grew its share of the lucrative market to approximately 80% by the end of 2015. However, despite the weak market, NVIDIA showed no signs of decelerating when it unquestionably crumpled expectations with its second quarter few weeks ago. In the second quarter, revenue surged 24% year-over-year to $1.43 billion. On the…


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