John Ballard of The Motley Fool recently published a piece entitled “3 Reasons Investors Can Expect More Growth From NVIDIA’s Gaming Business”. In this article, Ballard says that higher selling prices, the need for newer computers, and the social community of the esports world will generate growth for NVIDIA’s gaming business.
“The bigger takeaway is what the increasing selling prices say about the strength of the GeForce brand. NVIDIA commanded an 82% share of the discrete GPU market in the fourth quarter, extending its lead over rival Advanced Micro Devices (NASDAQ:AMD),” Ballard writes. The widening lead over AMD, combined with the trends in streaming, esports, and a wave of new games supporting NVIDIA’s feature-rich RTX GPUs explains why investors are paying a high valuation for this growth stock.”
NVIDIA is a multinational technology business. It designs graphics processing units (GPU) for the esports market, as well as system on a chip (SoC) units for the mobile computing market. It was founded in 1993 and is headquartered in Santa Clara, California.
(All information was provided by The Motley Fool and NVIDIA)
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