Over the past several years, graphics processing specialist NVIDIA (NASDAQ:NVDA) seemed invincible. A perfect storm of strong demand from gamers, a growing data center business, and a surging cryptocurrency market rocketed the stock to nearly 1,300% gains in less than four years. Continue reading Things Probably Won’t Get Any Better When NVIDIA Reports Its 4th-Quarter Earnings
Tag Archives: NVidia
Major Chip Stocks Slide on Nvidia Earnings and Apple’s Not Going to Help
Nvidia lowers its revenue guidance for the fourth quarter of 2018 sending its shares tanking downwards by 14%. Other chip stocks followed suit. Analysts say Apple’s imminent earnings report means it could get much worse for chipmakers. Continue reading Major Chip Stocks Slide on Nvidia Earnings and Apple’s Not Going to Help
Bulls and Bears on Nvidia as the Chipmaker Moves into Robotics
Nvidia has officially opened a 13,000 ft. robotics research lab in Seattle. The lab will have 20 Nvidia roboticists as well as 30 academic experts. Continue reading Bulls and Bears on Nvidia as the Chipmaker Moves into Robotics
Lawsuit Targets Nvidia for ‘False Statements’ on Crypto Mining Revenue
A class action lawsuit has been filed against tech giant Nvidia, with the plaintiffs accusing the company of making misleading statements about how it can help mitigate the effects of the reduced demand from the cryptocurrency market. Continue reading Lawsuit Targets Nvidia for ‘False Statements’ on Crypto Mining Revenue
NVIDIA Pulls out of Cryptocurrency Mining Industry
The cryptocurrency mining industry has been experiencing major headwinds since digital currency prices tumbled this year. And now, GPU manufacturer, NVIDIA, has pulled out of the crypto mining industry altogether. Continue reading NVIDIA Pulls out of Cryptocurrency Mining Industry