Think of them as the brain of cloud services that keeps software and services running seamlessly. That's up from $270 billion in 2020.īut cloud-based software is nothing without the data centers. According to Gartner Inc., a tech research and advisory firm, spending on public cloud services is expected to grow 23.1% in 2021 to total $332.3 billion. If any good has come out of the pandemic, it's that we've seen the potential of cloud-based software and computing with the work-from-home movement. Why Nvidia's Cloud-Based Software Will Dominate This has allowed it to develop an expanding suite of cloud-based software. Not only is Nvidia able to create powerful graphics processing units (GPUs) for the gaming and professional markets, as well as system on a chip (SoC) units for mobile computing and automotive market, but the company also pours a large amount of resources into research and development. Nvidia has an edge as it moves into cloud software and services. And that growth could see Nvidia stock jump 190% higher by 2025. Nvidia is a growing tech company that could one day rival tech giants like Inc. That's why our Nvidia stock forecast shows shares nearly tripling from here. Fortunately for investors, it is much more than a semiconductor company. If Nvidia were just a semiconductor manufacturer, the stock would be overpriced. Save my name, email, and website in this browser for the next time I comment. Sign me up for the Money Morning newsletter Your email address will not be published.
Or to contact Money Morning Customer Service, click here. In addition to AMD, its competitors include Intel, Qualcomm and AI-accelerator companies such as Graphcore.Comment on This Story Click here to cancel reply. More recently, it has moved into the mobile computing market, where it produces Tegra mobile processors for smartphones and tablets as well as vehicle navigation and entertainment systems. They are deployed in supercomputing sites around the world.
In addition to GPU manufacturing, Nvidia provides an API called CUDA that allows the creation of massively parallel programs which utilize GPUs. Its professional line of GPUs are used in workstations for applications in such fields as architecture, engineering and construction, media and entertainment, automotive, scientific research, and manufacturing design. Nvidia is a global leader in artificial intelligence hardware and software. It is a software and fabless company which designs graphics processing units, application programming interface for data science and high-performance computing as well as system on a chip units for the mobile computing and automotive market.
NVIDIA Corporation is an American multinational technology company incorporated in Delaware and based in Santa Clara, California.
0 kommentar(er)
