Understanding NVIDIA’s Revenue Growth Rate

In the preceding part of the series, we discussed how NVIDIA’s (NVDA) revenue growth is accelerating, thanks to the better-than-expected demand from cryptocurrency miners and data center customers. NVIDIA has been enjoying a monopolistic position in the emerging AI (artificial intelligence) market as its GPUs (graphics processing units) have been preferred by almost all cloud companies and data centers. But seeing this AI potential, Advanced Micro Devices (AMD) launched Radeon Instinct, and Intel (INTC) launched its Xeon processors—both targeted at AI—in 2017. This has raised questions as to whether NVIDIA can continue to accelerate its growth in fiscal 2019 as well.