Now the company is making moves to swiftly build out its cloud-software capabilities and take market share in the still-nascent metaverse space.
NVIDIA’s hyperfast GPUs became a data center necessity during the pandemic.
NVIDIA ( NVDA Quick Quote NVDA - Free Report), the largest and fast-growing semiconductor innovator in the US, has been a stock market star in recent years, skyrocketing over 500% in the past 3 years alone (despite its recent decline) as this GPU pioneer and its visionary leader, Jensen Huang, take the prolifically advancing chip sector by storm. Analysts’ estimates have gone nowhere but up propelling NVDA into a Zacks Rank #1 (Strong Buy), and is now trading its lowest forward P/E since the pandemic capitulation (below 40x). NVDA is a must-have for every portfolio’s innovation allocation and the -35% markdown from the all-time high it hit 6 months ago presents an excellent buying opportunity. NVIDIA’s ( NVDA Quick Quote NVDA - Free Report) revolutionary CEO, Jensen Huang, and his constant disdain for the status quo have driven his company to greatness, with every new market-disrupting innovation that this leading chipmaker releases (each sequential product/service release generating faster & greater improvements than the last) captivating the spirit of the next generation. The pandemic rapidly accelerated a number of previously nascent economic shifts and seemed to mark a changing of the guard as Millennials claim their title as the largest consuming generation as well as the most future-focused.
Market sentiment has never been more dissonant than it is today, as investors contemplate the implications of the structural upheaval the pandemic and resulting digital renaissance have had on our global economy.
0 kommentar(er)
