Hot ticket: A file photo of a signage outside Nvidia’s headquarters in Santa Clara, California. The company’s stock has risen by almost 57% this year alone. — Reuters
NVIDIA Corp (NVDA), one of the greatest stock market finds in recent times continues to defy the odds, with not only mind-blowing share price performance but one that is backed by fundamentals.
The company is a leader in high-end graphic processing units (GPUs) semiconductor chips with a staggering 75% global market share. These chips enable artificial intelligence (AI) applications as well as machine learning capabilities, which is today’s buzzword in the technology industry.
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