Nvidia is set to expand its addressable market in data centers with the launch of a server CPU (central processing unit) called Grace. The company recorded 83% year-over-year growth in this segment last quarter to $3.75 billion. Meanwhile, the data center business that's currently delivering outstanding growth should get even better from next year with the launch of new products. Mordor Intelligence forecasts 14% annual growth in this segment through 2026, and Nvidia is in a solid position to tap this growth as it controls a 78% share of this space. What's more, the long-term prospects of the gaming GPU market appear to be solid. The company reported adjusted earnings per share (EPS) of. In conjunction with its fiscal 2022 first-quarter earnings report (ended May 2, 2021), the chipmaker announced that. NVIDIA Corporation ( NVDA) offered strong Q2 FY 2022 earnings results across the board, beating analyst predictions on several fronts. As such, Nvidia's gaming business should step on the gas following a near-term hiccup once it launches its new products. In many ways, the upcoming stock split for NVIDIA (NASDAQ: NVDA) is no different. More importantly, the company is confident of improved graphics cards availability in the second half of the year. NVIDIA Corporation(NASDAQ:NVDA): Shares of Apple (AAPL) and Tesla (TSLA) rallied after recently announced stock splits. For example, a 1000 share position pre-split, became a 2000 share position following the split. Below is a table summarizing the historical split ratios and the corresponding dates. Check the most recent NVDA analysis at: https://sto. Since 06-27-2000, NVIDIA Corporation (NVDA) stocks were split 4 times. This was a 2 for 1 split, meaning for each share of NVDA owned pre-split, the shareholder now owned 2 shares. Stock Prediction and Forecast NVDANVDA price prediction was made on 13th of October, 2022. The first split for NVDA took place on June 27, 2000. Nvidia's next-generation cards are expected to perform twice as better as its current offerings. NVIDIA (NVDA) has 5 splits in our NVIDIA stock split history database. Nvidia estimates that only a third of its installed base of graphics cards users have made the jump to its latest generation of RTX series graphics cards that support technologies such as ray tracing and resolution enhancement. What's more, Nvidia's growth should pick up the pace in the latter half of the year as its new graphics cards hit the market.
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