Nvidia Has a Brilliant AI Business Poised to More Than Double Revenue to $20-Plus Billion This Year, Yet It Gets Little Coverage

In late August, I was listening to Nvidia's (NASDAQ: NVDA) earnings call for its fiscal second quarter (ended July 27). When Colette Kress, CFO of the artificial intelligence (AI) tech leader, gave quantifiable data about the company's sovereign AI business, I thought, "Finally!" as such data is only rarely shared.Nvidia's sovereign AI business is growing like gangbusters. It appears to be the biggest growth engine of the company's AI-driven data center platform, which accounts for the bulk of Nvidia's total revenue. Yet, it gets little coverage in the financial press."Sovereign entities" are those that are independent and have total or at least significant control within their borders. This includes many nations, U.S. states, and the European Union (EU).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool