If You'd Invested $500 in Nvidia Stock 10 Years Ago, Here's How Much You'd Have Today
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Nvidia (NASDAQ: NVDA) has changed the world, but it didn't get its start as a company focused on artificial intelligence (AI) processors. A decade ago, the AI hardware leader actually generated the vast majority of its revenue from graphics processing units (GPUs) designed for high-end video game performance.The processing approach used with the company's gaming GPUs wound up offering big advantages for cloud computing, and these advantages became even more pronounced when it came to the training of advanced AI models. Nvidia's processors are the foundation-level hardware pushing the AI revolution forward, and surging demand for its hardware has translated into soaring sales and earnings. It's also made patient investors very wealthy.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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