Trading Profile: Nvidia Corporation provides visual computing technologies that generate interactive graphics on workstations, personal computers, game consoles, and mobile devices. It operates in four segments: Graphic Processing Unit (GPU), Professional Solutions Business (PSB), Media and Communications Processor (MCP), and Consumer Products Business (CPB). The GPU segment offers GeForce products that support desktop and notebook personal computers, PCs, and plus memory products. The PSB segment provides NVIDIA Quadro professional workstation products and other professional graphics products, including NVIDIA Tesla high-performance computing products used in the manufacturing, entertainment, medical, science, and aerospace industries. This segment also offers RealityServer, which streams interactive and photorealistic 3D applications to Web- connected PCs, laptops, netbooks, or smart phones; Quadro Plex SVS, a visual computing platform for professionals who interact with 3D models and analyze data; and the OptiX ray tracing engine, an application acceleration engine for software developers. The MCP segment provides ION NVIDIA motherboard GPU that addresses the integrated core logic market. The CPB segment offers Tegra mobile products that support tablets and smartbooks, smartphones, personal media players, Internet television, automotive navigation, and other devices. This segment also licenses video game consoles and other digital consumer electronics devices. The company sells its products to original equipment manufacturers, original design manufacturers, add-in-card manufacturers, and system builders operating in the entertainment and consumer, consumer electronics, professional design and visualization, computing, and mobile computing markets. Nvidia Corporation was founded in 1993 and is headquartered in Santa Clara, California.
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Recent NVDA News from Yahoo Finance & Seeking Alpha
US Equity Indexes Slip Amid Thin Trading Volumes While Gold, Silver Break Records »
US equity indexes were lower amid thin trading volumes on Friday, while precious metals scaled new p
Nvidia Deal With Groq Called 'Strategic' Amid Rise Of Custom AI Chips »
Nvidia's technology licensing deal with Groq and hiring of the AI start-up's key personnel is a strategic move, analysts say.
Target rises on report of activist investor, Nvidia's Groq deal »
Market Domination Anchor Josh Lipton breaks down some of the day's top trending stories, including an FT report that an activist investor is building a stake in Target (TGT), oil (CL=F) prices slipping, and Nvidia (NVDA) striking a licensing deal with chip startup Groq (GROQ.PVT). To watch more expert insights and analysis on the latest market action, check out more Market Domination.
Stock Market Today: Dow Retreats; Palantir Slumps While Nvidia Rises (Live Coverage) »
The Dow Jones Industrial Average and other major indexes were mostly lower in the final hour of trading Friday in a session that will cap the holiday-shortened week. Among movers, Palantir Technologies weakened on the stock market today and fell below a buy zone. The Dow eased 0.1% despite Nvidia showing a gain of 1.5%.
The Stock Market Is Having a Bad Day Even If It Doesn't Look That Way »
Here’s how the S&P 500 pulled off that neat little trick. With less than two hours to go in trading, the S&P 500 has dipped just 2.29 points—less than 0.1%—while the Dow Jones Industrial Average is off 0.2%, and the Nasdaq Composite is up 0.1%.But the market is much weaker than those numbers suggest. Just 137 of the S&P 500’s 502 stocks are up on the day—that’s just 27%, for those counting at home—what’s typically known as bad breadth.
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