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Could Twilio Become the Next Nvidia?


Nvidia (NASDAQ: NVDA) has been a top performer on the stock market over the past decade, with share prices of the graphics card specialist rising more than 7,500% and easily crushing the S&P 500's gains of 223%.

The chipmaker's outstanding rally results from its dominance in the GPU (graphics processing unit) market, which has helped it clock terrific top- and bottom-line growth over the years. After all, Nvidia controls more than 80% of the market for discrete graphics cards used in personal computers and data centers and are increasingly being deployed in more applications such as automotive and the metaverse.

Image source: Getty Images.

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Source Fool.com

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