Stock Trading Department—This week’s recommended stocks NVIDIA

【Company Background】

NVIDIA is a leading global technology company. It mainly makes high-end graphics cards and chips. It was started in 1993 and is based in California. NVIDIA is famous for inventing the GPU (graphics processing unit), which helps with pictures and video. Over time, NVIDIA grew into AI, big data, and automatic driving.

【Key Business】

NVIDIA has 3 main parts: graphics, data center, and professional display. Its GeForce graphics cards are popular with gamers. Its AI chips are used in smart cars and data centers. Its CUDA system lets developers use GPUs to do hard math jobs.

【Industry Status】

NVIDIA is one of the top GPU companies in the world. It works with AMD and Intel. With the growth of AI and deep learning, NVIDIA’s GPU market keeps growing.

【Financial Highlights】

NVIDIA has grown fast in recent years. In 2023, revenue was over $26 billion. The AI business grew the fastest. Net profit and stock price both went up.

【Future Outlook】

NVIDIA will likely keep growing. As AI, cloud computing and self-driving cars grow, NVIDIA’s products will be needed more. It will keep leading in tech.