Can the run continue for NVIDIA Corporation ($NVDA)?

Looking further out, over the past twelve months, NVIDIA Corporation’s [stckqut]NVDA[/stckqut] stock was up 225.52% and 10.11% over the last quarter and 69.66% for the past six months.

Over the past 50 days, NVIDIA Corporation (NASDAQ:NVDA) stock was -12.17% off of the high and 11.45% removed from the low.  Their 52-Week High and Low are -12.17% (High), 230.05%, (Low).

Nvidia Corporation is an American technology company based in Santa Clara, California. It designs graphics processing units (GPUs) for the gaming market, as well as system on a chip units (SOCs) for the mobile computing and automotive market. Its primary GPU product line, labeled "GeForce", is in direct competition with Advanced Micro Devices' (AMD) "Radeon" products. Nvidia expanded its presence in the gaming industry with its handheld SHIELD Portable, SHIELD Tablet and SHIELD Android TV.

Since 2014, Nvidia has shifted to become a platform company focused on four markets – gaming, professional visualization, data centers and auto.

In addition to GPU manufacturing, Nvidia provides parallel processing capabilities to researchers and scientists that allow them to efficiently run high-performance applications. They are deployed in supercomputing sites around the world. More recently, It has moved into the mobile computing market, where it produces Tegra mobile processors for smartphones and tablets as well as vehicle navigation and entertainment systems. In addition to AMD, its competitors include Intel, Qualcomm and ARM (e.g., because of Denver, while Nvidia also licenses ARM's designs).

Nvidia is now focused on artificial intelligence. From the company's roots in computer graphics, it now provides GPU-accelerated computing to the gamers, designers and scientists, allowing them to create experiences in VR, deep learning, professional visualization and autonomous cars.

 

Source: NVIDIA Corporation (NASDAQ:NVDA) Up 7.01%, Can the Run Continue? | Melville Review

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