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Nvidia designs and sells high-end graphics (GPU) and video processing chips used for desktop and gaming personal computers, workstations, and other advanced computing servers and supercomputers.
Not only is Nvidia one of the best performing stocks in the entire market in the past 15 years, its year-to-date total return is the best performance of any stock on this list so far in 2023.
One of the more recently launched product is the Hopper-based graphics processing units. The sales have an impressive momentum in the company's data center sales; overall we project revenue growth to exceed 60% for the fiscal year 2024.
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