The Most Important Nvidia Product Isn't a Chip. It's This.
Key takeaways
- NVDA Nvidia s (NASDAQ: NVDA) dominance has created a strange problem for its competitors, yet building a competing artificial intelligence (AI) chip is no longer enough to catch up.
- That s because Nvidia s most important product may not be a chip at all.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
NVDA Nvidia s (NASDAQ: NVDA) dominance has created a strange problem for its competitors, yet building a competing artificial intelligence (AI) chip is no longer enough to catch up. Even if a rival develops a faster processor at a lower price -- already extremely difficult-- it still faces a much bigger challenge: convincing developers to leave Nvidia s ecosystem.
That s because Nvidia s most important product may not be a chip at all. It is the software platform that sits behind it. Understanding that distinction could help investors better appreciate why Nvidia continues to dominate the AI market.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »