Nvidia Corporation is an American worldwide technology company based in Santa Clara, California. Nvidia manufactures graphics processing units (GPUs), as well as system on a chip units (SOCs) for the mobile computing market. Nvidia’s primary GPU product line, labeled “GeForce”, is in direct competition with Advanced Micro Devices’ (AMD) “Radeon” products.
Many companies are trying to inculcate more internet based features in their products but Nvidia is one company that is opting for a different approach. Internet involvement doesn’t only mean to use internet based technology, or sensors for data tracking rather it also involves making the devices to perform complex actions more quickly. This is exactly where NVIDIA outshines its competitors.
The Internet of things that Nvidia will be using would connect user’s car, home utilities and billions of things that were not connected before to the Internet. In the case of cars it means that along with connecting to the Internet, the cars would also drive themselves, this is what NVIDIA is heading towards.
Click to see more
Nvidia Details
Operating Status:Active
Business TypePublic
HeadquartersSanta Clara, California, United States
Analysts believe the second-quarter earnings season will continue to drive the markets higher, however, a major focus will be on the fiscal policy updates released by the Federal Reserve.
Earlier, retail investors have favored meme stocks like GameStop and AMC, however, now NVIDIA (NVDA) and Plug Power (PLUG) are on the radar of analysts.
