The Rise in AI Will Power NVIDIA Stock Further

NVIDIA Corporation (NASDAQ:NVDA) announced its fourth-quarter earnings last week, and this has gotten many investors excited about the company's future growth potential. In the era of artificial intelligence (AI), NVIDIA's Graphics Processing Unit (GPU) platform has emerged as the dominating force buoying NVDA stock. The stock gained almost 30% in the last three months in contrast to the nine percent returns posted by the S&P 500 Index. NVIDIA Corporation reported phenomenal growth in most of its businesses in the Q4 of fiscal 2017. The record revenue posted during the fiscal quarter was boosted by the impressive growth in its "Gaming," "Professional Visualization," "Datacenter," and "Automotive" divisions, The quarterly revenue stood at $2.2 billion, which was an increase of 55% year-over-year and eight percent sequentially.