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Nvidia Corp. dominates coverage of the semiconductor manufacturing space, and rightly so. But many other chip makers are expected to put up impressive numbers over the next two years.
Nvidia
NVDA has commanded the market for graphics processing units being deployed by data centers to support their corporate clients’ development of artificial-intelligence technology. The company has been showing dramatic increases in revenue for the past five reported fiscal quarters. Nvidia’s market capitalization has increased to $2.61 trillion from $358 billion two years ago. The company’s stock now makes up 5.7% of the SPDR S&P 500 ETF Trust SPY, the oldest and largest exchange-traded fund tracking the S&P 500 SPX. Only Apple Inc. AAPL and Microsoft Corp. MSFT are weighted more heavily in the index.
This post was originally published on Market Watch
