In this Motley Fool Live clip from “Semiconductor Revolution,” recorded on Jan. 20, Fool contributor Jose Najarro gives a short business report about Nvidia (NASDAQ:NVDA) and the recent announcements are encouraging for the company.
Jose Najarro: In early January, CES or the Consumer Electronics Show happened. Nvidia released a lot of consumer products, numerous new laptops. They showcased a lot of their technology in the autonomous market. They did release new graphics cards for gamers.
Technologically, nothing too crazy in my opinion. But the consumer market definitely is one of the driving forces for Nvidia as we saw, the gaming market for example, that alone is almost 50% of total revenue. On Jan. 11, they were named the best place to work by Glassdoor. I’m usually a fan of that I think, especially an innovative company. You want your talent to stay. You don’t want talent leaving and going to other places. By having, I want to say, a great working environment, it makes sure that your retention rate on your employees stays high. Usually, that overall helps out with innovation.
Some other recent news, nothing crazy today. Pony.ai, which is like a robo-taxi start-up, announced that they were using Nvidia to be the brain of this autonomous robo-taxi. Again, nothing here is, in my opinion, crazy price jumping. This is a company that is just going to continue to grow over time.
This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.
More Stories
How to Set Up and Use Hydra Bot on Discord
Windows Subsystem for Linux is now generally available
Cyber Security Today, Nov. 30, 2022 -Inflation benefits scam aimed at Canadians, a warning for Fortinet administrators and more