Reported 6 months ago
As Nvidia executes a 10-for-1 stock split after reaching a $3 trillion market capitalization, Jennison Associates' Mark Baribeau highlights their impressive growth in the data center business, climbing to $48 billion from $15 billion in a year. Considered a 'distinct leader,' Nvidia is predicted to dominate the market due to its advantages in scale, software, and networking for generative AI in the fourth era of computing, with expectations of continued success in the coming years.
Source: YAHOO