NVIDIA Corporation (Nasdaq: NVDA)

NVIDIA Corporation (Nasdaq: NVDA) is one of the leaders in artificial intelligence and machine learning, and the growth in demand in the tech sector is what drove the company’s shares higher over the past year.

The company is the dominant force – controlling 68.9% of the market – for graphics processing units (GPUs), which are the primary component in the graphics cards used for desktop computer gaming.

And the gaming market is in the midst of an unprecedented surge – thanks in part to the ever-improving quality of video game graphics and the explosion in popularity of esports. This should help serve NVIDIA very well in the months ahead, as the gaming market has shown no signs of slowing down.

Combined with the company’s prime position in the artificial intelligence and machine learning spaces as well, the near-term future appears particularly bright for NVIDIA Corporation.