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Barchart
Pathikrit Bose

Nvidia Could Buy AI21 Next. What Does That Mean for NVDA Stock?

After establishing its dominance in the GPU space with its cadence of chips over the years, chip giant and the world's most valuable company by market cap, Nvidia (NVDA), is slowly making a strategic shift. Following the emergence of Google's (GOOG) (GOOGL) TPU chips in a big way, Nvidia's hegemonic reign at the top of the chip industry was suddenly put into question. However, the Jensen Huang-led company is not doing nothing about it, with the company increasingly turning attention towards the enterprise side and catering to their specific applications. Basically, Nvidia is looking to make a serious splash in the domain of ASICs, in which Broadcom (AVGO) is the biggest player.

Routine Earnings Beat in Q3

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