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Stein expects Nvidiaâs revenue from the server market, which more than doubled to $830 million last year, to increase at an average rate of 61% annually through 2020. The companyâs total revenue increased 38% to almost $7 billion.
Intel Corporation (NASDAQ: INTC) stunned the technology world on Monday by agreeing to buy Mobileye NV (NYSE: MBLY) for $15.3 billion. The price â $63.54 per share of MBLY stock â represents a 50% premium over the Israeli companyâs March 10 close and puts INTC in pole position to power the self-driving cars now approaching the market.