Nvidia: Still Dominates Global Data Center Landscape
Portfolio Pulse from
Nvidia Corporation continues to dominate the global data center landscape with strong growth driven by partnerships with major cloud providers and robust product development. The company projects a 5-year forward revenue growth of 45%, with significant contributions from US cloud companies like Microsoft, Meta, Amazon, and Alphabet. Despite trade restrictions, Nvidia maintains its dominance in the Chinese data center chip market.
November 18, 2024 | 3:45 pm
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Nvidia's strong growth is fueled by partnerships with major cloud providers and robust product development, projecting a 5-year forward revenue growth of 45%. The company benefits from high demand from US cloud companies and maintains its dominance in China despite trade restrictions.
Nvidia's partnerships with major cloud providers like Microsoft, Meta, Amazon, and Alphabet, which account for 40% of its revenue, are crucial for its growth. The company's ability to navigate trade restrictions and maintain its market position in China further supports its positive outlook.
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