Along the way, net income soared from $631 million to $4.3 billion. Revenue from fiscal year 2021, which ended in January, topped $16.7 billion, up 52.7% from 2020 and up 263% from 2015. Pro: Consistent growth and increasing profitability.Įxcluding 2020, Nvidia has experienced positive revenue growth every year since 2015. Here are three pros and three cons of investing in NVDA to keep in mind. With such a run, investors might be wondering whether to come along for the ride or avoid the hype. In the past month, NVDA stock has soared more than 40%, as the company appears uniquely positioned to contribute to this uncharted technological future. Recently, eyes have been on the company as it attempts to power the future of technology - the metaverse, virtual reality, artificial intelligence and data centers. Today, Nvidia's graphics processing units, or GPUs, power and create the displays on the world's most iconic devices. In the early 2000s, it struck key deals to place its chips in Xboxes and PlayStations. Founded in 1993, Nvidia went public in 1999. (ticker: NVDA) designs and manufactures computer graphics processors and related computing technology.
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