NVIDIA's (NASDAQ: NVDA) stock is up 1,200% over the last five years, and 170% over the last 12 months. Before this run, NVIDIA was a small fish in a big pond with a market cap of less than $10 billion compared to Intel's (NASDAQ: INTC) $125-billion-plus market cap. What is NVIDIA doing to generate its impressive gains in such a competitive industry?
Besides robust revenue growth across key business segments, NVIDIA has a few things working in its favor. Unlike its competitors, NVIDIA focuses solely on the development of graphics processing units (GPUs), which have seen rising demand. NVIDIA was perfectly positioned to capture the surge in GPU demand from some of the world's most recognized companies spanning the technology and transportation industries.
Tesla V100 GPU FOR DATA CENTERS. IMAGE SOURCE: NVIDIA.
Source: Fool.com