In the past year, the NVIDIA Corporation (NVDA) has received significant attention from investors, spurred on by the burgeoning AI market. The tech titan's Graphics Processing Units (GPUs) have been met with great demand amongst AI developers, positioning NVIDIA as a potent force within the AI industry.
Notably, while the company demonstrates remarkable potential in AI, it is also reaping substantial profits in the sector. Yet despite impressive revenue growth in the last reported quarter, and fuelled by an upswing in AI GPU sales, NVIDIA continues to navigate complex macroeconomic challenges. Persistent export restrictions have been detrimental to sales with organizations in countries such as China.
