In this piece, we will take a look at the five biggest data mining companies in the world. For more companies, head on over to 15 Biggest Data Mining Companies in the World.
5. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holdings: 89
NVIDIA Corporation (NASDAQ:NVDA) is a graphics processing unit (GPU) designer whose products are used by consumers and companies for several different purposes such as gaming and data mining.
NVIDIA Corporation (NASDAQ:NVDA)’s GPUs are the leading hardware platform for data analytics and data mining. These enable firms to cut down data preparation times by more than 60% and end-to-end analysis time by more than 80%. NVIDIA Corporation (NASDAQ:NVDA) also lets firms utilize Python analytics through cloud computing.
89 out of the 920 hedge funds polled by Insider Monkey for this year’s third quarter had bought NVIDIA Corporation (NASDAQ:NVDA)’s shares. NVIDIA Corporation (NASDAQ:NVDA)’s largest shareholder is Ken Fisher’s Fisher Asset Management, which owns 12 million shares worth $1.4 billion.
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