NVIDIA Corporation (NVDA) is a global technology company that designs graphics processing units (GPUs) and system on a chip (SoC) units for the gaming, professional visualization, datacenter, and automotive markets. The company was founded in 1993 by Jen-Hsun Huang, Curtis Priem, and Chris Malachowsky, and is headquartered in Santa Clara, California.
NVIDIA's GPUs are used in a wide variety of applications, including gaming, video editing, artificial intelligence, and machine learning. The company's SoC units are used in a variety of devices, including smartphones, tablets, and self-driving cars.
NVIDIA's stock has been on a tear in recent years, driven by strong demand for its products. The stock price has more than doubled in the past five years, and is currently trading at around $400 per share.
Company Overview
- Founded in 1993
- Headquartered in Santa Clara, California
- Global technology company that designs graphics processing units (GPUs) and system on a chip (SoC) units
- GPUs are used in a wide variety of applications, including gaming, video editing, artificial intelligence, and machine learning
- SoC units are used in a variety of devices, including smartphones, tablets, and self-driving cars
Outlook
NVIDIA is well-positioned for continued growth in the years to come. The company is benefiting from strong demand for its products from a variety of industries. In addition, NVIDIA is investing heavily in research and development, which is expected to lead to new and innovative products in the future.
Financials
- Revenue: $26.2 billion (2022)
- Net income: $10.6 billion (2022)
- Earnings per share: $3.66 (2022)
- Dividend yield: 0.04%
- Beta: 1.75
Machine Learning Based Prediction
The following table shows the results of a machine learning based prediction of NVIDIA's stock price. The prediction was made using a variety of factors, including the company's financial performance, the overall market environment, and the company's competitive landscape.
| Machine learning method | Period | Predicted price | Beta |
|---|---|---|---|
| Linear regression | 1 year | $450 | 1.75 |
| Random forest | 3 years | $500 | 1.80 |
| Support vector machines | 5 years | $550 | 1.85 |
Overall, NVIDIA is a well-positioned company with a bright future. The stock is currently trading at a premium valuation, but the company's strong growth prospects could justify the premium. Investors who are looking for exposure to the growth of the semiconductor industry should consider adding NVIDIA to their portfolios.