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Nvidia Is Officially a Data Center Company Earnings Reveal. What It Means for the Stock.

The 27-year-old Nvidia turned a significant corner on Wednesday, having its quarterly data-center sales surpass its videogame chip business for the first time since the company’s inception. Long known for its graphics cards and chips suited for playing videogames, Nvidia has slowly made inroads into selling data-center semiconductors, in large part because the graphics processing units that are good for games are also capable of tackling complex artificial intelligence and machine-learning tasks too. Read More...

The 27-year-old Nvidia turned a significant corner on Wednesday, having its quarterly data-center sales surpass its videogame chip business for the first time since the company’s inception. Long known for its graphics cards and chips suited for playing videogames, Nvidia has slowly made inroads into selling data-center semiconductors, in large part because the graphics processing units that are good for games are also capable of tackling complex artificial intelligence and machine-learning tasks too.

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