**NVIDIA: MORE THAN MEETS THE EYE**
It’s easy to think of NVIDIA simply as the company behind the graphics processing units (GPUs) that power our gaming and professional design experiences. But there’s much more to NVIDIA than just creating chips for those moments when we’re gaming our hearts out or working on complex designs.
**BOLD 1: NVIDIA’S BILLION-DOLLAR SOFTWARE AND SERVICES BUSINESS**
NVIDIA isn’t just about the chips anymore. In fact, they are quickly growing their software and services business, making around 15% of their total revenue, that’s over $1 billion. Their offerings – AI Enterprise, DGX Cloud, and Omniverse Cloud – are now creating a $300 billion market. This increases their value significantly and further cements their position as a key player in the world of AI and digital solutions.
**BOLD 2: NVIDIA NETWORKING, A $10 BILLION MONSTER**
Back in 2019, NVIDIA made a significant move by acquiring Mellanox, giving them networking capabilities that speak directly to the future of AI. Their InfiniBand networking platform, a key player in the world of AI, is a big reason why their networking revenue nearly tripled over the last year, making it a $10 billion business for NVIDIA. On top of that, the company’s Spectrum-X Ethernet networking for enterprise AI due out early this year is a game-changer.
**BOLD 3: SHOULD YOU INVEST IN NVIDIA STOCK?**
NVIDIA’s shares have been on a tear, and with a current valuation of 31 times sales, some investors may think it’s too rich for them. But let’s not forget that NVIDIA is still in a fantastic position. With the graphics processor and AI markets expected to grow at around 28% and 37% annually respectively, investing in NVIDIA right now could pay off big time in the long run.
So, should you put your hard-earned $1,000 into NVIDIA stock today? It’s a question worth considering. NVIDIA’s future looks bright, and it’s possible that investing in it right now could really pay off down the road. What do you think? Would you invest $1,000 in NVIDIA? Let us know what you think in the comments!
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