Why 2017 Was a Year to Remember for NVIDIA Corp.
For any investor following the tech sector, NVIDIA Corp. (NASDAQ: NVDA) doesn't need much in the way of an introduction. The graphics processor maker has successfully taken its GPUs, which were originally used primarily for gaming, and transformed them into high-end chips for artificial intelligence, data centers, and semi-autonomous vehicles. The potential in each of these markets is huge, and the combination of the company's strong results this year and those longer-term opportunities has been a recipe for impressive share price gains.
Let's take a quick look back at some of its 2017 highlights, and consider why NVIDIA is likely to see more growth ahead.
image source: Getty Images.
Source: Fool.com
NVIDIA Corp. Stock
€105.92
2.320%
Currently there is a rather positive sentiment for NVIDIA Corp. with 192 Buy predictions and 9 Sell predictions.
As a result the target price of 110 € shows a slightly positive potential of 3.85% compared to the current price of 105.92 € for NVIDIA Corp..
