
This AI supercomputer will be Nvidia's largest DGX A100 client installation. Meta Platforms (formerly Facebook) had chosen Nvidia's technology for its AI Research SuperCluster (RSC) on January 24, 2022. Interesting facts about the #NVDA (Nvidia) It was expected to become the largest semiconductor chip merger in history. For instance, in December 2021, the Federal Trade Commission sued to block Nvidia Corp.’s $40 billion acquisition of Arm Ltd. Traders should also check whether the company goes through high-profile court cases or scandals, as any issue will lead to a significant money loss and a decline in the stock price. Nvidia’s key competitors are Intel, Overview, Hewlett Packard Enterprise, Arista Networks, Renesas Electronics, Broadcom, Infor, Xilinx, AMD, and Qualcomm. Therefore, it’s vital to check quarterly financial reports to be aware of the company’s current stance.Īlthough Nvidia is a strong player in the market, if customers shift to its alternatives, it may lead to sales reduction and a fall in the stock price. At the same time, return-on-assets and return-on-capital-employed data are highly unstable. The company’s return-on-equity metric is stable, which signals a durable competitive advantage. Although the company’s revenue and earnings have been mostly growing, the growth is highly volatile. You should pay attention to Nvidia’s financial stability when trading the stock. Thus, it’s recommended to trade a stock CFD instead of investing in NVDA stocks. Institutional investors own around 60% of the company’s shares. Today, the company’s stock is listed on NASDAQ under the #NVDA ticker. The company held an IPO in January 1999 at $12 per share. The company’s major products are primarily graphics, wireless communication, chipsets, PC processors, tablet computers, drivers, automotive hardware/software, and TV accessories. Nvidia focuses on designing graphics processing units (GPUs) for gaming and professional markets, as well as system on chip units (SoCs) for mobile computing and automotive markets. It was founded in April 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem. Nvidia Corporation is a multinational technology company headquartered in California, USA.
