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NVIDIA Corporation

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NVIDIA posted stellar fourth-quarter fiscal 2018 results and provided encouraging revenue guidance for the current quarter. Also, the company registered year-over-year growth on both counts, primarily due to growth across all its four platforms. Also, better-than-expected demand for gaming chips helped the company post encouraging results. Going ahead, NVIDIA’s sustained efforts toward attaining robust position in several emerging industries such as Artificial Intelligence (AI), deep learning, datacenter and driverless cars industry, makes us optimistic about its growth prospect. NVIDIA’s innovative product pipeline and strength in gaming and high-end notebook GPUs remain the positives. The company’s focus on GRID platforms can increase GPU adoption in data centers, giving it an advantage against its competitors. Notably, the stock has outperformed the industry in the last one year.

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