Our Finance Guide
  • Home
  • Loans
  • Tax
  • Credit Cards
  • Investing
No Result
View All Result
  • Home
  • Loans
  • Tax
  • Credit Cards
  • Investing
No Result
View All Result
Our Finance Guide
No Result
View All Result
Home Investing

Investing in Nvidia Stock

admin by admin
February 3, 2022
in Investing
0
Apple stock jumps after CEO reveals it’s investing in the Metaverse

designs, develops, and markets graphics processors as well as related software and hardware products. The company has played a pioneering role in the development of the graphics processing unit (GPU), a type of chip or electronic circuit capable of rendering graphics for display on electronic devices. GPUs were originally designed for the PC graphics market and video gaming industry. But because GPUs are capable of complex computational calculations, NVIDIA’s architecture has become a crucial technology for artificial intelligence (AI), machine learning, autonomous vehicles, robotics, augmented reality (AR) and virtual reality (VR), as well as cryptocurrency mining.1

NVIDIA was founded in 1993 by current Chief Executive Officer (CEO) Jensen Huang, Chris Malachowsky, and Curtis Priem. The company introduced the GeForce 256 in 1999, calling it the world’s first GPU.23 In January of that same year, NVIDIA went public through an initial public offering (IPO).4 Today, the company’s GPUs power many of the world’s fastest supercomputers.5

Related articles

U.S. ready to help Mexico finance solar plans, Lopez Obrador says

These Are the Best Ways to Finance a Car Purchase in 2023

NVIDIA’s headquarters are located in Santa Clara, California.6 The company is classified as a member of the technology sector. It operates within the semiconductor industry and some of its main rivals include, Intel Corp. (INTC), Advanced Micro Devices Inc. (AMD), and Xilinx Inc. (XLNX).78 NVIDIA generated net income of $4.3 billion on $16.7 of revenue in its 2021 fiscal year (FY), which ended Jan. 31, 2021.9

KEY TAKEAWAYS

  • NVIDIA designs and develops GPUs and software for PC graphics, video games, AI, machine learning, AR and VR, cryptocurrency mining.
  • Its competitors include Intel Corp. (INTC), Advanced Micro Devices Inc. (AMD), and Xilinx Inc. (XLNX).
  • NVIDIA earned $4.3 billion in net income on $16.7 billion in FY 2021, ended Jan. 31, 2021.
  • NVIDIA and Arm, a U.K.-based semiconductor company that NVIDIA agreed to acquire, recently submitted a report to U.K. regulators urging approval of the acquisition.

Recent Developments

  • On Jan. 10, 2022, NVIDIA and Arm submitted a 28-page report to the U.K.’s Competition and Markets Authority (CMA). The report countered the deal’s critics and outlined why the acquisition should be approved. NVIDIA announced plans to buy Arm 16 months ago, in September 2020. In November 2021, the U.K. authority launched an expanded investigation into the proposed merger, citing concerns that it would be anticompetitive and create national security risks (see the “What’s Happening with NVIDIA’s Acquisition of ARM?” Q&A section below).10
  • On Jan. 10, 2022, NVIDIA announced that it acquired Bright Computing, a software company specializing in high performance computing (HPC) systems. Companies in a range of industries such as healthcare and financial services use Bright’s software to set up and run HPC clusters. Clusters are groups of servers linked together in a single unit by high-speed networks. Financial terms of the acquisition were not disclosed.11

Read more…

admin

admin

Related Posts

U.S. ready to help Mexico finance solar plans, Lopez Obrador says

MEXICO CITY, Dec 20 (Reuters) - The United States is offering to help Mexico with loans to finance planned solar power stations in the northern state...

These Are the Best Ways to Finance a Car Purchase in 2023

Car financing is an important part of buying a vehicle and can be the difference between getting your ideal car and settling for something less. A...

SEVEN financial predictions for the year ahead

1. High inflation is not going awayWe are heading into major macroeconomic headwinds and these winds won’t die down for the foreseeable future. Inflation is being...

As funds run dry, Idaho Housing and Finance will soon pause emergency rental assistance program

The Idaho Housing and Finance Association plans to pause applications for emergency rental assistance funds on Dec. 29 because federal funds are quickly running dry for...

4 Tips for investing during the crypto market instability

The crypto market is infamously known for its extreme instability. As a matter of fact. the term volatile” has almost become synonymous with the crypto industry...

Next Post
What Biden’s Latest Student Loan Relief Means For Your Student Loans

How to prepare for student loan payments to restart in 3 months

The Minimum Book Tax is Not a “Second Best” Reform

Utah Republicans are eyeing $40 million more in tax cuts. Here’s what’s taking shape

This Week In Credit Card News: Lenders Issuing More Credit Cards; Crypto May Improve Your Dating Life

This Week In Credit Card News: Lenders Issuing More Credit Cards; Crypto May Improve Your Dating Life

No Result
View All Result

Subscribe Us

By clicking subscribe, I authorize: (1) Our Finance Guide to use and share my information in accordance with its Terms of Service and Privacy Policy, and (2) Our Finance Guide or third-party companies, including Our Finance Guide’s business partners, to contact me by email with offers for goods and services at the email address provided. Please note that the information you have provided to us may be supplemented with additional information obtained from other sources.

RECOMMENDED

Uncategorized

Dear Penny: Should I Dump My Husband Over a Stunningly Cheap Anniversary Gift?

Tax fairness concerns muddled in talk of eliminating income tax
Tax

House Bill Raises Chance for Global Pact to Curb Corporate Tax Havens

CATEGORIES

  • Credit Cards
  • Investing
  • Loans
  • Tax
  • Uncategorized

Subscribe Us

By clicking subscribe, I authorize: (1) Our Finance Guide to use and share my information in accordance with its Terms of Service and Privacy Policy, and (2) Our Finance Guide or third-party companies, including Our Finance Guide’s business partners, to contact me by email with offers for goods and services at the email address provided. Please note that the information you have provided to us may be supplemented with additional information obtained from other sources.

© 2022 Our Finance Guide, All Rights Reserved.

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe
No Result
View All Result
  • Home
  • Loans
  • Tax
  • Credit Cards
  • Investing

© 2022 Our Finance Guide, All Rights Reserved.