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Stocks (from 24)
The stock “has clearly benefited from this
trend. It has returned 250% in five years,”
7
Yahoo! reported.
NVIDIA (NVDA)
The graphics process-
ing units (GPU) designed
by fabless NVIDIA are the
most successful of any
company. Serious gam-
ers are unlikely to accept
any video card missing this
company’s GPU.
Fabless and proud of it
Being fabless is perhaps one factor that
has made NVDA one of the top-performing
semiconductor stocks for several years.
The market knows the company will not be
spending money on expensive fabs.
The other is its co-founder, president and
CEO Jensen Huang.
A Stanford MSEE grad, Huang holds a
quiverful of awards: Robert Noyce Award,
Fortune’s Businessman of the Year. In
2019, Harvard Business Review ranked his
first on its list of the world’s 100 best-per-
forming CEOs.
Jensen Huang, one of the new titans of the semiconductor age,
co-founder and CEO of NVIDIA has made his company’s stock
one of today’s darlings of Wall Street. (NVIDIA)
MARCH 2022
On February 23, The Motley Fool said:
this: NVIDIA makes state-of-the-art
graphics cards for a range of purposes,
including gaming, data centers, robotics,
as well as its professional-visualization
segment, which is home to its Omniverse
project.
Realtime 3D collaboration
NVIDIA Omniverse is the company’s real-
time 3D collaboration and virtual-world
simulation platform, available to creators
using its RTX graphics chips.
“From a financial perspective, NVIDIA’s
professional-visualization segment made
up just 7.8% of the company’s $26.9 bil-
lion of total revenue in fiscal 2022, but it
was the fastest growing by far with a year-
over-year revenue increase of 100%.”
“Beyond its Omniverse project, NVIDIA is
already producing graphics chips that are
compatible with most leading virtual-reali-
ty headsets, including the Oculus brand.”
Record year
Fiscal 2022 was a record year for NVIDIA
from both a revenue and profitability
standpoint, the Motley Fool notes.
NVIDIA’s revenue of $26.9 billion showed
61% growth compared to fiscal 2021. Its
$4.44 adjusted EPS was a 78% increase.
Analysts are projecting $34 billion in rev-
enue in fiscal 2023 and $5.55 EPS.
NVIDIA stock, says the publication, “is a
fantastic way to expose your portfolio to
the metaverse because it comes with a
suite of high-growth, well-established seg-
ments attached.”
Zacks Research said, “NVIDIA is looking
like an interesting pick from a technical
perspective, as the company reached a
key level of support.
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