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If you are still wondering why NVIDIA's stock price has gone through the roof lately (here), all you need to do is read this article to understand why.
As Google, Facebook, Microsoft, and Baidu take turns leapfrogging each other in artificial intelligence innovation, one company stands to profit from any outcome: Nvidia. Graphics processor units, the company’s biggest moneymaker, have become the industry standard for deep learning, a flavor of artificial intelligence widely used by tech companies to build personal virtual assistants, image recognition for tagging photos, and even the software behind self-driving cars.
As Google, Facebook, Microsoft, and Baidu take turns leapfrogging each other in artificial intelligence innovation, one company stands to profit from any outcome: Nvidia. Graphics processor units, the company’s biggest moneymaker, have become the industry standard for deep learning, a flavor of artificial intelligence widely used by tech companies to build personal virtual assistants, image recognition for tagging photos, and even the software behind self-driving cars.