A man takes a picture of the Nvidia DGX-1 supercomputer during a news conference at the Computex computer expo in Taipei, Taiwan, on May 30, 2016.
Sam Yeh | AFP | Getty Images
Investors should buy Nvidia shares because the graphics chipmaker's earnings are set to surge from new end markets such as virtual reality, data centers and cars, according to Goldman Sachs.
"We believe Nvidia is virtually unstoppable," Goldman's Toshiya Hari wrote in a note to clients Wednesday. "Its dominant position in GPUs (graphics processing unit) combined with the proliferation of GPUs into non-traditional end-markets (i.e. data center, automotive), we believe, will lead to outsized earnings growth."
