NVIDIA Is Flush with Cash and Unsure How to Spend It: On the Verge of Amassing Over 700 Billion Yuan and Embarking on a Major Acquisition Spree
2 day ago / Read about 0 minute
Author:小编   

In the age of artificial intelligence (AI), pinpointing the ultimate victor remains a challenging task. However, at present, NVIDIA stands out as the most profitable enterprise. Holding a dominant position with a monopoly on over 90% of the AI GPU market, NVIDIA has witnessed a remarkable surge in its performance in recent years. This significant upswing has not only catapulted its market capitalization to a staggering 4.5 trillion US dollars but has also presented the company with a pleasant yet perplexing challenge: a rapid increase in cash reserves. Presently, NVIDIA's free cash flow has surpassed 72 billion US dollars, and it is anticipated to effortlessly exceed 100 billion US dollars by the conclusion of the current fiscal year, an amount equivalent to over 700 billion yuan.