NVIDIA’s Key Role in Rise of Artificial Intelligence
One of the biggest reasons for NVIDIA’s (NASDAQ:NVDA) explosive growth in the last few quarters has been the company’s datacenter and auto segments posting solid gains. The datacenter group (DCG) has grown a massive 109.72% during the second quarter compared to last year, while the auto segment revenues climbed 67.61% during the same period. The additional revenue NVIDIA was able to earn out of these two segments propelled the company to post over 20% growth for the quarter. But where is that growth coming from and how does NVIDIA stand to gain from an evolving tech landscape? To understand that, we need to look into artificial intelligence as a viable industry segment. In an earlier article called “NVIDIA: Where Will Real Growth Originate,” I covered a different side of its…
Link to Full Article: NVIDIA’s Key Role in Rise of Artificial Intelligence
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