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.
NVDA Stock Prediction
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.