It has been a blowout year for Nvidia (NVDA). The chip giant’s relentless forward march has been boosted by strong macro driven performances from its two main breadwinners – gaming and data center – and an increasing focus on rising secular trends, including autonomous vehicle technology and artificial intelligence (AI).It also completed the takeover of data specialist Mellanox and, pending regulatory approval, has the $40 billion acquisition of UK-based chip designer ARM lined up next.It is the latter’s anticipated addition, along with its implications on Nvidia’s growing AI opportunity, which has Needham analyst Rajvindra Gill laying out the bull case …read more
Source:: Yahoo Finance
