Despite the hype, nobody is beating Nvidia in AI
You have to wonder whether Nvidia is going to get sick of winning all the time. The company's stock price is up to $178--69% more than this time last year. Nvidia is riding high on its core technology, the graphics processing unit used in the machine-learning that powers the algorithms of Facebook and Google; partnerships with nearly every company keen on building self-driving cars; and freshly announced hardware deals with three of China's biggest internet companies. Investors say this isn't even the top for Nvidia: William Stein at SunTrust Robinson Humphrey predicts Nvidia's revenue from selling server-grade GPUs to internet companies, which doubled last year, will continue to increase 61% annually until 2020. Nvidia will likely see competition in the near future.
Oct-3-2017, 23:50:08 GMT