We see several structural tailwinds driving sustained outsized top-line growth: gaming, data center/ AI accelerators, and autonomous vehicles.” Through its Mellanox acquisition, NVDA expanded its DC footprint from AI-accelerators to providing highspeed networking interconnects. Today, its parallel processing capabilities, supported by thousands of computing cores are essential for deep learning AI algorithms in data centers. The GPU was initially used to create graphics for video games and film. Schafer said, “Nvidia has transformed from a graphics company to becoming a premier leading AI computing platform company. Priem in January 1993 and is headquartered in Santa Clara, CA.In its most recent Q4 earnings report, the company reported full-year 2021 revenue and earnings of $16.68 billion and $10 per share, up 53% and 73% year-over-year respectively.Īnticipating a robust performance in the upcoming Q1 report, Oppenheimer analyst Rick Schafer maintained a Buy rating on the stock with a price target of $700, which implies 16.7% upside potential to current levels. The company was founded by Jen Hsun Huang, Chris A. The All Other segment refers to the stock-based compensation expense, corporate infrastructure and support costs, acquisition-related costs, legal settlement costs, and other non-recurring charges.

The Tegra Processor segment integrates an entire computer onto a single chip and incorporates GPUs and multi-core CPUs to drive supercomputing for autonomous robots, drones, and cars, as well as for consoles and mobile gaming and entertainment devices. The GPU segment consists of product brands, including GeForce for gamers, Quadro for designers, Tesla and DGX for AI data scientists and big data researchers, and GRID for cloud-based visual computing users.

It operates through the following segments: Graphics Processing Unit (GPU), Tegra Processor, and All Other. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software.

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