|Bid||0.00 x 3200|
|Ask||0.00 x 1400|
|Day's range||486.22 - 505.90|
|52-week range||169.32 - 589.07|
|Beta (5Y monthly)||1.53|
|PE ratio (TTM)||92.86|
|Earnings date||12 Nov 2020 - 16 Nov 2020|
|Forward dividend & yield||0.64 (0.13%)|
|Ex-dividend date||01 Sep 2020|
|1y target est||552.46|
Britain is assessing the impact of the sale of chip designer Arm to U.S. company Nvidia <NVDA.O>, including commitments to keep its head office and staff in Cambridge, Eastern England, digital minister Caroline Dinenage said. Nvidia, the biggest U.S. chip company by market capitalisation, has agreed to buy Arm from Japan's SoftBank <9984.T> for $40 billion.
NVIDIA (NASDAQ: NVDA) shares have more than doubled so far in 2020 thanks to strong momentum in the graphics specialist's video gaming and data center businesses, but Micron Technology (NASDAQ: MU) has been witnessing tough times, as there seems to be uncertainty about the memory industry's dynamics. NVIDIA, on the other hand, is promising better times ahead on the back of new products and lucrative opportunities in fast-growing markets. Micron's valuation is reasonable in comparison, but does that make it a better bet over NVIDIA?
Nvidia (NVDA) closed at $505.51 in the latest trading session, marking a +0.96% move from the prior day.