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David Zanoni is a contributor to Kirk Spano's Margin of Safety Investing service. David is ranked in the top 1% of blogging analysts on Tipranks.com for performance and accuracy. He focuses on growth & momentum stocks that are reasonably priced and likely to outperform the market over ... more

Nvidia's Technology Is Largely COVID-19 Proof

Date: Friday, May 8, 2020 9:16 PM EDT

Nvidia (NVDA) gained success largely from its gaming GPU processors. While the gaming GPUs are still successful for the company, Nvidia has a lot of potential growth for numerous artificial intelligence [AI] applications. The AI applications include gaming but also move into many other important areas of the economy.

Nvidia is also producing AI processors for improved language understanding, optimized search engine recommendations, public cloud, and for vertical industries such as logistics, retail, and warehousing. These applications are being used during the COVID-19 crisis. They are likely to be used when we emerge from the crisis. As a result, Nvidia is expected to achieve above-average gains in revenue and earnings over the next three years.

CLICK the LINK to Read the Remainder: https://seekingalpha.com/article/4345031-nvidias-technology-is-largely-covidminus-19-proof

 

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