Nvidia's proposed deal with Arm Semiconductor fell through. But its Q4 results show the company can move on just fine. Read More...
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Such businesses typically have a strong franchise, a dominant market position, well-known brands, and a capable management team. Net revenue for its fiscal year 2020 (ended Sept. 30) dipped to $23.5 billion from $26.5 billion in the previous year but has surged to $29.1 billion in fiscal 2021 as economies reopened. Net income has also shown a similar pattern, falling sharply from $3.6 billion in 2019 to $928 million in 2020, only to rebound to $4.2 billion in the following year.
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