NVIDIA expanded into other areas, including data centers, artificial intelligence, and autonomous vehicles.
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The company, Nvidia, is a leading designer of graphics processing units– GPUs. GPUs are programmable processors specialized for rendering all images on the computer's screen, providing the fastest graphics processing. Nvidia's stock has increased in price ~1500 percent over the past five years and ~70% YTD 2021.
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HOW MANY TIMES HAVE YOU THOUGHT - WALMART, APPLE, AMAZON, ETC. STOCK PRICES ARE JUST TOO HIGH? THIS CANNOT END WELL! HOW OFTEN WERE WE WRONG?
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Elon Musk, CEO Tesla, accomplished what many said was impossible and made the electric car business mainstream. Thanks to Musk, every major car manufacturer has rapidly added Electric Vehicles (EVs) to their line up and numerous new manufacturers have launched. Biden's win in the U. S. pushes federal dollars into the EVs industry, making it more attractive. Therefore, the EVs industry is a great place to identify more winners!
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