Surprise! Nvidia Has a Secret Business Outside of Chips, and It's Already Generating Billions of Dollars.
There is no hotter stock in the world than Nvidia (NASDAQ: NVDA) right now. The company's H100, A100, and new Blackwell semiconductor chips are widely regarded as superior to the competition. Considering Nvidia's impressive roster of graphics processing units (GPU), the company is undoubtedly enjoying the moment as generative AI applications take off.
While this is encouraging, investors may be surprised to learn that Nvidia has many other services beyond GPU chips and data center services. Let's dive into one of Nvidia's secret, under-the-radar businesses and assess why this specific operation may be the most important of all.
Nvidia reports its revenue into two categories: compute and networking, and graphics. When Nvidia was founded in the early 1990s, the company's original mission was to improve graphics processing capabilities for video games.
Source Fool.com