Nvidia Is a Clear Winner as AI Server Expansion Zooms

By Jose Najarro and Nicholas Rossolillo – Jun 2, 2023 at 2:21PM

NASDAQ: NVDA

Nvidia

Market Cap

$1,992B

Today's Change

(-3.33%) -$27.46

Current Price

$796.77

Price as of April 24, 2024, 4:00 p.m. ET

According to research reports, AI servers still make up less than 10% of the market.

The growth in artificial intelligence (AI) servers is positive news for Nvidia (NVDA -3.33%), as AI servers are equipped with accelerators -- like Nvidia's graphics processing unit (GPU) -- which hold most of the AI market share. Check out the short video to learn what semiconductor investors Jose Najarro and Nicholas Rossolillo have to say. Also, consider subscribing and click the special offer link below.

*Stock prices used were the market prices of June 1, 2023. The video was published on June 2, 2023.

J ose Najarro has positions in Nvidia. Nicholas Rossolillo has positions in Nvidia. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.