Nvidia's sheer dominance can be summed up by this one underrated number

Following a quarter when Nvidia Corp. grew data-center revenue and earnings each by more than 400%, another number illustrates the company’s dominance even more. Among the record-setting elements of Nvidia’s NVDA, +0.36% stunning fiscal fourth quarter was its 76% GAAP gross margin, which was up from 66% a year before. Nvidia forecasts that margin will remain around the same level for its ongoing quarter. Nvidia’s gross margins appear to be the second highest in the semiconductor industry, behind only those ...