pangngk
2021-08-02

$NVIDIA Corp(NVDA)$ Nvidia pioneered the GPU (in its current form) and continues to spend heavily on research and development (R&D) to create the next generation of state-of-the-art processors. Don't take my word for it. In its fiscal 2022 first quarter (ended May 2, 2021), Nvidia spent $1.15 billion -- more than 20% of its total revenue and 31% of its gross profit -- on R&D. The company is that serious about maintaining its technological advantage.$NVIDIA Corp(NVDA)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • DenisL
    2021-08-03
    DenisL
    Good to see the management Continues to put in the Money Back to the company anD even better into R&D, $AAPL is another good example
  • Bala1001
    2021-08-05
    Bala1001
    Must alocat some % of money to R&D, NVIDA good at improvement [Strong]
  • Jaminwu
    2021-08-03
    Jaminwu
    nice nice
Leave a comment
3