After spending much of the past year at an almost-stellar four-star rank, NVIDIA (Nasdaq: NVDA) has impressed enough top-performing members of our 160,000-strong Motley Fool CAPS community to claw its way back up to a top-ranked five stars. A total of 4,722 members have given their opinion on the graphics-chip maker, with many of them offering analysis and commentary explaining the recent optimism.

NVIDIA's business has been picking up speed recently, and with a robust industry outlook and the release of several new products, CAPS members have increased their bullish sentiment.

NVIDIA swung back into the black in its most recent quarter, and with sales that more than doubled over the prior year, the company is keeping manufacturers like Taiwan Semiconductor Manufacturing (NYSE: TSM) busy churning out products -- so busy that it's struggling to deliver to full demand. An uptick in business spending is expected to help other industry players like Intel (Nasdaq: INTC), and the pickup in global chip demand has industry forecasting firms like iSuppli projecting strong global chip revenue growth this year.

Several Wall Street analysts also predict that demand for computers and other gadgets that run NVIDIA's graphics chips will outpace tight supply conditions, with the chip maker putting up a good fight for its share of the burgeoning market.                                

NVIDIA's CEO recently said he expects tablets and mobile phones to be key areas of growth for the company. The release of the Apple (Nasdaq: AAPL) iPad is expected to attract deadly competition from others like Hewlett-Packard (NYSE: HPQ) and Dell (Nasdaq: DELL). While NVIDIA's chips won't be showing up in the iPad, the company is looking to get its Tegra chips into as many other tablets as it can. And with the release of its next generation of graphics chips using its Fermi design architecture, NVIDIA expects to continue to put up a strong showing against competitor AMD (NYSE: AMD) as well as target additional markets beyond traditional graphics.

Despite the stiff competition, many CAPS members believe in the overall growth potential of NVIDIA's business.

Do you think NVIDIA deserves its five-star status? Add your thoughts in the comment box below, or head over to CAPS to rate the company and check out all the information and opinions the community offers, absolutely free.

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Fool contributor Dave Mock wishes the IRS would upgrade the tax codes more in his favor. He owns shares of NVIDIA and Intel, which is an Inside Value pick. Apple and NVIDIA are Stock Advisor recommendations. The Fool has created a covered strangle position on Intel. Motley Fool Options has recommended a buy calls position on Intel. The Fool's disclosure policy is coming in 3-D, but no funny glasses are required.