Established in 1993, Nvidia (NASDAQ: NVDA) revolutionized the tech industry by introducing the world’s first GPUs tailored for computing, media, and gaming. Fast forward to today, these cutting-edge chips have found a new home in data centers, powering advanced AI models.
According to Nvidia’s CEO Jensen Huang, data center operators are projected to invest a staggering $1 trillion in infrastructure upgrades over the next four years to keep up with AI demands. With 88% of Nvidia’s revenue coming from this segment, this investment is crucial for the company’s future growth.
Despite the current data center boom being lucrative, Huang recognizes the cyclical nature of the semiconductor industry. To mitigate risks and ensure long-term success, Nvidia is actively diversifying its revenue streams. At CES 2025 on Jan. 7th, Huang unveiled exciting developments that promise significant opportunities for investors.
2025-01-19 18:30:00
Article from finance.yahoo.com