Nvidia Is Crushing It in This Market (Hint: It's Not Data Centers)

Artificial intelligence (AI) has been the driving force behind Nvidia's (NASDAQ: NVDA) stunning rally over the past two years, and that's not surprising as the growing adoption of this technology has unlocked a new growth opportunity for the company in the form of the multibillion-dollar market for AI accelerators.More importantly, Nvidia has established itself as the leader in AI chips with a market share of more than 85%, and it is unlikely to yield its position to rivals anytime soon, thanks to the technological advantage that it enjoys. As such, it is not surprising to see that analysts expect Nvidia's data center business to grow at a remarkable pace over the next few years and give the company a massive boost.However, there is another market where Nvidia has been crushing its rivals -- gaming. In this article, we will take a closer look at how gaming and personal computers (PCs) are likely to open another lucrative growth frontier for this technology giant.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool