After pioneering the modern GPU, Nvidia is set to expand into other avenues. Nvidia’s product line covers almost every platform, including desktops, laptops, high-end gaming laptops, gaming consoles, workstations, mobiles, and more. Nvidia is the leader in media and communication devices, and graphics processors, with an 83% share in the GPU market. With new opportunities fast emerging, now would be a good time to buy Nvidia Although trading at a lower valuation than what it did in 2021, promising growth figures indicate that Nvidia could be a good long-term investment.The Metaverse is a new and rapidly evolving opportunity for Nvidia, with significant growth potential.The gaming and data sectors will be crucial drivers for the chip-making giant.
Nvidia has been on a fairly impressive run, with a promising FQ4 report card.Let’s see what factors make NVDA a good buy in 2022. The company has also promised to significantly improve its supply chain this year. In 2022, Nvidia is set to expand into the Metaverse, cloud gaming, crypto, and self-driving cars space. However, GPUs have seen their role evolve in recent years, and they are no longer the humble chip that powers laptops. Nvidia is at the forefront in the GPU segment, dominating the market and providing GPUs for gaming laptops.
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