NVIDIA (NVDA, Financial), one of our newer positions, continued strong sequential growth in both gaming and datacenter processor sales. Against the backdrop of diminishing marginal improvements from traditional general compute chip manufacturers (i.e., Intel), we expect the relentless demand from compute-intensive applications, such as artificial intelligence (AI), to continue to drive growth across NVIDIA’s ubiquitous compute acceleration platform.
From David Rolfe (Trades, Portfolio)'s Wedgewood Funds fourth-quarter 2019 shareholder letter.
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