|Bid||385.00 x 1200|
|Ask||385.40 x 3000|
|Day's range||383.13 - 389.50|
|52-week range||147.39 - 389.50|
|Beta (5Y monthly)||1.34|
|PE ratio (TTM)||71.88|
|Earnings date||13 Aug 2020 - 17 Aug 2020|
|Forward dividend & yield||0.64 (0.17%)|
|Ex-dividend date||04 Jun 2020|
|1y target est||388.20|
NVIDIA (NASDAQ: NVDA) has a record of outstanding growth, and with its share price close to all-time highs, some investors may be thinking it is already too late to get in. The company's core business is divided into four segments: gaming, data center, professional visualization, and automotive. All are high performers in their fields, providing NVIDIA with a strong, diversified business.
The months leading up to the U.S. presidential election in November will be choppy, especially if Democrat Joe Biden extends his poll lead. The EU needs to agree on a $750 billion recovery fund proposal. A wave of foreign money has hit mainland China's markets as the second half of 2020 kicks in.
NVIDIA (NASDAQ: NVDA) stock rocketed 61.5% higher in the first half of 2020 (January through June), according to data from S&P Global Market Intelligence. Management issued an upbeat outlook in February, when the company released its results for the fourth quarter of fiscal 2020. The bottom-line performance was even better.
NVIDIA (NASDAQ: NVDA) and the Mercedes-Benz division of Daimler AG (OTC: DMLRY) (OTC: DDAIF) are teaming up to truly build a computer on wheels. The two companies recently announced a collaboration to build a new computing system for cars, powered by NVIDIA's DRIVE AGX Orin technology. This new high-performance car computer will be used in new vehicles from Mercedes-Benz starting in 2024.
It's been over a decade since AMD (NASDAQ: AMD) spun off its semiconductor manufacturing segment, the company now known as GlobalFoundries. During the depths of the Great Recession, the deal was deemed necessary to help AMD survive, although AMD maintained the long-term vision was to refocus on technology, chip design, and better investment returns.
A handful of corporate behemoths has skyrocketed YTD. Some of these stocks carry a favorable Zacks Rank and have rallied more than 20% YTD.
Is (NVDA) Outperforming Other Computer and Technology Stocks This Year?
Advanced Micro Devices (NASDAQ: AMD) took NVIDIA (NASDAQ: NVDA) by storm in the first calendar quarter of 2020, clocking nice market share growth in the discrete graphics cards space thanks to a couple of solid products that were launched last year.
Nvidia (NVDA) closed the most recent trading day at $368, moving +0.49% from the previous trading session.
The Zacks Analyst Blog Highlights: Fortinet, Microchip, ServiceNow and NVIDIA
Autonomous driving gains steam owing to breakthroughs in technology, with the integration of robust AI and ML capabilities in advanced driver-assistance systems.
Big tech names such as Apple, Amazon, and Microsoft all hit new highs recently. But today we dive into three other large-cap tech stocks that have jumped to new records and look ready to expand within different tech industries...
Given the increasing dependence on technology during the pandemic, it is likely that the tech rally will continue despite Wednesday's plunge.
Having pulled ahead in the race to develop a software-based vehicle operating system, U.S. electric car pioneer Tesla faces a new challenge from an alliance of German luxury carmaker Daimler and U.S. computer graphics specialist Nvidia. Daimler and Nvidia unveiled a deal on Tuesday to develop and equip the German company's Mercedes-Benz cars with a next-generation chip and software platform that could eventually be used to help vehicles drive by themselves. The move is a response to Tesla's ability to integrate custom designed chips with thousands of lines of code, which has allowed the Silicon Valley-based company to develop new features faster than its competitors.
Major drivers for the AI market are growing use of big data, the increasing adoption of cloud-based applications and services, and rising demand for intelligent virtual assistants.
NVIDIA's (NVDA) collaboration with Mercedes-Benz to develop an in-vehicle computing system is expected to strengthen its competitive position in the self-driving vehicle market.
The Nasdaq closed above the psychological mark of 10,000 on Jun 10 in less than 50 years, and posted its 21st record close of the year on Jun 23. In the process, the index completed the V-bottom.