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Here's the $4.7 Trillion Market Nvidia Has Its Eyes on Now

TheMotleyFool

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Here's the $4.7 Trillion Market Nvidia Has Its Eyes on Now: https://g.foolcdn.com/editorial/images/771831/health-monitoring-getty.jpg

Nvidia (NASDAQ: NVDA) could make the same statement attributed to Julius Caesar: "Veni, vidi, vici." The phrase translates into "I came, I saw, I conquered." The chipmaker has conquered quite a bit since its founding in 1993.

For years, Nvidia made most of its money in the gaming market. More recently, however, the company's growth has come largely from the deployment of its GPUs in data centers. What's the next frontier for Nvidia? Here's the $4.7 trillion market the chipmaker has its eyes on now.

The U.S. spent an estimated $4.7 trillion on healthcare last year. That amounts to roughly 18% of the country's total economic output. Nvidia has recently made several major moves in this big market.

Source Fool.com

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