Nvidia Is Selling $10 Billion in GPUs to This AI Tech Giant (Hint: It's Not Microsoft)
Nvidia's (NASDAQ: NVDA) stock price has more than quadrupled over the past three years. Most of that rally was driven by the rapid expansion of the artificial intelligence (AI) market, where its data center GPUs are used to process complex AI tasks.
Two of its better-known customers are OpenAI, the creator of ChatGPT, and its top backer . However, Meta (NASDAQ: META) has also been spending billions of dollars on Nvidia's data center GPUs every year.
Image source: Getty Images.
Source Fool.com
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