Why Needham Is Pounding the Table on Nvidia Stock After Its Meta Deal

Semiconductor industry leader NVIDIA Corporation (NVDA) has struck a multi-year, multi-generational partnership with social media behemoth Meta Platforms (META), expanding the deployment of NVDA CPUs in Meta’s data center production applications. Meta is also expected to scale its artificial intelligence (AI) workloads with NVDA’s Spectrum-X Ethernet and adopt the company’s Confidential Computing for WhatsApp private processing. Given the partnership announcement between two tech-industry heavyweights, N ...