Data Center Chip Market Growth
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Nvidia 's revenue more than doubled year over year last quarter to $30 billion .
Nvidia 's rate of growth will slow from these robust levels, but the outlook for GPU spending suggests it will grow at double-digit rates for several years .
Micron Technology's memory and storage products will also benefit from the data center buildout.
John Ballard has positions in Meta Platforms and Nvidia . The Motley Fool has positions in and recommends Alphabet , Meta Platforms , and Nvidia . The Motley Fool has a disclosure policy..
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