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NVDA Stock Prediction: Intel’s Denial That It Will License AMD Graphics Chip Is Great News For Nvidia

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

The previous six-year (2011 to 2016) graphics technology patent licensing deal with Intel was worth $1.5 billion to Nvidia.
It is therefore a blessing that Intel recently denied it was licensing graphics chip technology from Advanced Micro Devices.
Intel clearly still favor graphics chip technology of Nvidia over AMD’s Radeon.
Nvidia has obvious long-term economic benefits from Intel’s continued use of Nvidia graphics chip technology.
The near and long-term algorithmic forecasts are in favor of going long on NVDA right now.