Why Nvidia's Largest Business Will Keep Growing
Despite being down 19% year to date, Nvidia's (NASDAQ: NVDA) stock has delivered more than 400% returns to investors over the last three years. Investors are optimistic about Nvidia's momentum in selling its graphics processors and systems into various markets, such as cloud servers, self-driving cars, and the metaverse.
However, selling graphics processing units (GPUs) to gamers is still the company's largest business, generating 46% of total revenue last year. It's important that Nvidia maintains strong growth in this business to keep delivering good returns to shareholders, and there are good reasons it will.
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Source Fool.com