nVidia has launched an updated version of its GRID network-delivered GPU acceleration technology, used for games, virtual desktops and cloud applications.
The Santa Clara, California-based company posted quarterly earnings of $26 million, or $0.05 per share, compared to $128 million, or $0.22 per share, in the year-earlier quarter.
NVIDIA (NASDAQ:NVDA)’s stock had its “hold” rating reiterated by investment analysts at Barclays in a report released on Saturday, Marketbeat.com reports. The standard deviation of short term price target has been estimated at $3.28, implying that the actual...
Schafer commented, “In light of well understood near-term PC challenges, we believe NVDA’s commitment to shareholder returns should support shares as the company awaits a new-product fueled top-line re-acceleration”. Wedbush reiterated an outperform rating and...
NVIDIA‘s revenue increased 4.5% in the quarter, which starkly contrasts analysts’ expectations of an 8% decrease in revenue. In the same period a year ago, Nvidia reported EPS of $0.30 on revenue of $1.03 billion.