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Prediction: This Artificial Intelligence (AI) Giant Will More Than Triple Its AI Chip Revenue in 3 Years. (Hint: Not Nvidia) [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
That favors this one stock that currently trades at a great value relative to other AI chip stocks. 10 stocks we like better than Nvidia › Just about every big tech company in the world is in a race to build more computing capacity than anyone else in order to meet the demands for large language model training and AI inference . The four biggest spenders alone are set to invest over $320 billion in capital expenditures this year, most of which will go toward data centers. A handful of companies have been big beneficiaries of all that spending, not least of which is Nvidia (NASDAQ: NVDA) . The chipmaker has seen its data center revenue climb more than 10-fold in three years as big tech buys up its graphics processing units (GPUs) as fast as it can make them. That's led to phenomenal earnings growth for the company and its investors. Demand continues to fuel growth at Nvidia, with expectations for 50% revenue growth in the second quarter.But competition is starting to catch up
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