The rise of Nvidia (NASDAQ:NVDA) has been driven, not by bitcoin, but by its data-center business. As the Cloud Czars — Amazon.com (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Facebook (NASDAQ:FB) — race to add artificial intelligence to their clouds to support next-generation services, they’re buying fast graphics chips from Nvidia in car-load lots. This has fueled Nvidia’s hyper-growth in the stock market, the shares up nearly 300% in just two years. …read more
Source:: Yahoo Finance
