Tech giant and Graphics Processing Unit manufacturer NVIDIA is approaching a likely record high as their stock price nears a closing price of above $950.02. Where other tech companies like AMD and Intel are in a constant Jockey with each other to produce quality products, NVIDIA stands alone as the defacto GPU manufacturer for anyone who isn’t trying to experiment with an AMD build, and these factors, among other have led to a decidedly bullish market.
Although AMD is closing that gap with fair proficiency and Intel appears to be sticking to their promise of building a strong presence in the GPU sector, NVIDIA is still king of the hill. As such, it becomes important to note that an investment into NVIDIA today is akin to an investment in their current success and a slight gamble in their ability to shrug off the competition in the future.
Their current success, while on the topic, saw the company rake in a net income of just over $12 billion, up 768% y/y. While the GPU market tends to be somewhat seasonal, the success of NVIDIA’s latest commercial release in the form of the 40-series GPUs can’t be denied, and their ability to increase profits has been nothing short of astounding for anyone who expected the company to function, financially speaking, within the realms of reasonability.
NVIDIA’s 50-series GPUs are fast approaching, and while the anecdotal “vibe” surrounding these new, yet-to-be-released GPUs appears to be one of dismay given off by a group of annoyed gamers and video editors who lament the highly-priced hardware, the net profits NVIDIA boasts appear to suggest that people are going to buy their new lineup regardless, so long as the 50-series performs similarly to the 40-series.
