NVIDIA Corporation, a Stock on Fire! By Gene W. Edwards. Posted 1/23/2024.

Stock symbol (NVDA). I recently wrote you about this stock. Nvidia is the world’s leading chip maker and also leads A.I., not Tesla/Musk.

You’ll under why Nvidia is preeminent when you go to Wikipedia and read its “Nvidia” file. Here are its first two paragraphs:

Nvidia Corporation[note 1][note 2] (/ɛnˈvɪdiə/; en-VID-ee-ə) is an American multinational technology company, incorporated in Delaware and based in Santa Clara, California.[4] It is a software and fabless company which designs graphics processing units (GPUs), application programming interface (APIs) for data science and high-performance computing as well as system on a chip units (SoCs) for the mobile computing and automotive market. Nvidia is a dominant supplier of artificial intelligence (AI) hardware and software.[5][6][7] 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.[8]

In addition to GPU manufacturing, Nvidia provides an API called CUDA that allows the creation of massively parallel programs which utilize GPUs.[9][10] They are deployed in supercomputing sites around the world.[11][12] 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.[13][14][15] Its competitors…