It's Nvidia's smallest business unit right now, but explosive growth could be around the corner for the automotive segment.
Nvidia (NASDAQ: NVDA) has won big amid the graphics card shortage of the past couple of years as booming demand and tight supplies have led to inflated GPU (graphics processing unit) prices and supercharged the company's revenue and earnings growth. Let's see what's ailing the graphics card market and how a weak pricing environment could create more headwinds for this tech stock that has already lost significant ground in 2022. Demand for GPUs has outpaced supply over the past couple of years.
Nvidia (NVDA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.