
Nvidia's revenue has seen a remarkable increase, rising 26 times over the past decade, with the company reporting $35.6 billion in AI chip business revenue for the last quarter. This growth is part of a broader trend in the semiconductor industry, where Nvidia, AMD, and Intel collectively generated $209.4 billion in revenue last year, with 62% attributed to Nvidia. Meanwhile, AMD is gaining traction in the chip market, particularly in the data center segment, where its revenue surged by 94% last year. The company is also expanding its portfolio with AI accelerator chips, supported by partnerships with major firms like IBM. Additionally, Nvidia is nearing a deal to acquire a GPU reseller for several hundred million dollars, indicating its continued investment in the sector. The automotive division of Nvidia is also experiencing significant growth, highlighting the diverse applications of its technology.
Captain Obvious first order thinking on full display. $NVDA There is a reason why the PE multiple is contracting. Wanna take a wild guess as to why that might be? https://t.co/T3pYI0p6Dc
The last time $NVDA traded at this low an earnings multiple? November 2022—when the stock was just $16 per share. https://t.co/SSE58VU2Pu
Nvidia's $NVDA revenue has risen 26x over the last decade. https://t.co/ApKdd8xxBM
