What Analysts Think about NVIDIA
In this series, we saw that NVIDIA (NVDA) and Advanced Micro Devices (AMD) might encounter competition in the cryptocurrency market as China-based Bitmain is set to launch an Ethereum ASIC (application–specific integrated circuit) in mid-2018. While many analysts fear that this could hurt NVIDIA’s GPU (graphics processing unit) demand, strong growth in the gaming and data center market could offset these declines and present further growth opportunities.