|Bid||0.00 x 900|
|Ask||0.00 x 2900|
|Day's range||347.58 - 353.63|
|52-week range||132.60 - 367.27|
|Beta (5Y monthly)||1.33|
|PE ratio (TTM)||77.93|
|Earnings date||13 Aug 2020 - 17 Aug 2020|
|Forward dividend & yield||0.64 (0.18%)|
|Ex-dividend date||04 Jun 2020|
|1y target est||383.12|
Benchmarks finished mostly higher on Friday after President Donald Trump's press conference in response to China's new security legislation turned out not to be as disruptive to trade and finance as investors had earlier feared.
This is forcing data center operators to upgrade their capacities and capabilities to handle the increased load. Chinese giant Alibaba recently announced that it will spend $28 billion to bolster its data center infrastructure over the next three years in preparation for a post-COVID-19 world. Market research firm TechNavio estimates that spending on data center construction could increase at an annual rate of 10% through 2024.
Activision Blizzard (NASDAQ: ATVI) and NVIDIA (NASDAQ: NVDA) are pillars of the video game industry. Meanwhile, many of the millions of PC gamers are using NVIDIA's graphics cards, and the company claims to serve more than 200 million gamers with its GeForce family of graphics processing units (GPUs) and is the market share leader in the discrete GPU market. With more people at home since March, Activision Blizzard reported high engagement levels across most of its games.
Even though the market has rebounded from the lows it hit earlier this year, there are still great long-term opportunities for investors who know where to look.
Prior to 2017, Advanced Micro Devices (NASDAQ: AMD) was stuck. In the CPU market, AMD's products were vastly inferior to those of market leader Intel (NASDAQ: INTC). In the GPU market, NVIDIA (NASDAQ: NVDA) was overwhelmingly dominant.
EverQuote, Americas CarMart, Nvidia, Applied Materials and Inphi highlighted as Zacks Bull and Bear of the Day
Chip designers Advanced Micro Devices (NASDAQ: AMD) and NVIDIA (NASDAQ: NVDA) have been crossing proverbial swords for decades. They form a nearly unchallenged duopoly in the market for computer graphics processors, and the same chips can also churn through other types of advanced math problems at impressive speeds.
Top Stock Reports for Alphabet, Visa & Bank of America
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has held up better during the coronavirus bear market than many of its broader benchmark peers, as investors have generally been optimistic about the prospects for the high-growth tech stocks that make up the bulk of the biggest companies that trade on the Nasdaq. Among the outstanding performers in the Nasdaq so far in 2020 have been NVIDIA (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD). NVIDIA came into Wednesday up nearly 50% year to date, and AMD had been higher by 16%.
The S&P 500 has rallied 1.2% on May 26, topping the 3,000-mark for the first time since Mar 5.
NVIDIA today announced it will hold its 2020 Annual Meeting of Stockholders online on Tuesday, June 9, 2020, at 11 am PT. Stockholders will need their control number included in their notice or proxy card to access the meeting, and may vote and submit questions while attending the meeting. The matters to be voted on at the meeting are set forth in the company’s Proxy Statement filed on April 29, 2020, with the U.S. Securities and Exchange Commission.
Long gone are the days of NVIDIA (NASDAQ: NVDA) the "video game company." In the graphics processing unit (GPU) pioneer's first quarter of fiscal 2021 (the three months ended April 26, 2020), another segment was nearly as large as video games: data centers. With the long-awaited purchase of Mellanox closing on the first day of Q2, data centers could wind up being the largest reporting segment at NVIDIA from this point forward.
Advanced Micro Devices (NASDAQ: AMD) is showing no signs of slowing down despite the adverse impact of the COVID-19 outbreak on businesses and economies around the globe. According to Mercury Research, AMD held 4.5% of the server processor market at the end of 2019. There are rumors that the chipmaker is aiming to attain 10% market share in server CPUs (central processing units) by the end of 2020 -- and seems to be making solid progress toward its goal.
A week ago, NVIDIA Corporation (NASDAQ:NVDA) came out with a strong set of first-quarter numbers that could...
One of the biggest winners in the semiconductor space over the past few years has been Advanced Micro Devices (NASDAQ: AMD). The CPU and GPU designer had long been an also-ran in the chip space, with minimal market share relative to CPU leader Intel (NASDAQ: INTC) and GPU leader NVIDIA (NASDAQ: NVDA). Look no further than AMD's stock price relative to the market for the last five years as evidence of its renaissance under CEO Lisa Su, who took over in 2014.
Stocks edged down Friday morning as ongoing signs of the economic damage from the coronavirus pandemic compounded with fears of rising U.S.-China tensions. A slew of quarterly corporate earnings results came in mixed.
SANTA CLARA, Calif., May 22, 2020 -- NVIDIA today announced that it will pay its next quarterly cash dividend of $0.16 per share on June 26, 2020, to all shareholders of record.
This is an early test of a very ambitious project that aims to build entirely new games and real-world simulation engines in the long run.