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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.
I donât believe the price is rising due to some great level of innovation at this point. The development community is growing and improving, but nothing that would warrant a $500 million increase in five days. The rise in price is likely due to the BTC ETF and investors diversifying into other cryptocurrencies.