Why Artificial Intelligence Could Be NVIDIA's Golden Goose

NVIDIA (NASDAQ:NVDA) is using its GPUs (graphics processing units) to make a big splash in the field of artificial intelligence (AI). The graphics specialist is leveraging the immense computational capacities of its GPUs, which can perform a huge number of mathematical calculations in a parallel manner, for enabling AI across several applications. NVIDIA has started witnessing terrific growth in some of its businesses that rely on AI. For instance, NVIDIA's automotive business increased almost 20% year over year in the last reported quarter; the company's DRIVE PX2 autonomous vehicle platform uses AI to help cars drive themselves. But this is just one of the many areas where NVIDIA is applying AI to boost its business.