The gaming and data center markets together produced nearly 87% of Nvidia's revenue last quarter. Meanwhile, the company's 80% share in the market for data center-focused graphics cards will be another notable catalyst, since this is another fast-growing niche, clocking 42% annual growth and expected to hit $20 billion revenue by 2027. Nvidia is in a terrific position to take advantage of this massive growth, since it commands 83% of the discrete graphics card market.
The discrete graphics card market, for instance, is expected to grow from $23.6 billion in 2020 to $54 billion in 2025, according to Jon Peddie Research. But Nvidia could clock a faster pace of growth since its two biggest businesses are firing on all cylinders, and they are expected to keep getting better in 2022 and beyond. The company's earnings are expected to increase to $5.20 per share in fiscal 2023, which would be an increase of nearly 20% from this year's estimate. However, analysts estimate that Nvidia's growth rate will taper off in fiscal 2023, which starts in February 2022. Its earnings are expected to jump to $4.34 per share from $2.50 per share in fiscal 2021. The company is set to end the fiscal year with $26.7 billion in revenue, which would be an increase of 60% over the prior year. 17, which made it clear that it is on track to close the year on a high. Nvidia announced its fiscal 2022 third-quarter results on Nov. Does this make Nvidia a better growth stock going into the New Year? Or will AMD turn the tables and outperform its bigger rival? AMD shares lagged the market in the earlier part of the year before stepping on the gas in the past few months. Nvidia, however, has been the better pick of the two, as the chart below shows. Nvidia ( NVDA 0.13%) and Advanced Micro Devices ( AMD -0.27%) have been top performers on the stock market this year, with shares of both high-flying chipmakers crushing the broader market easily.
0 kommentar(er)
