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0.000481966423005768 0.000642621897341138 0.00144589926901753 0.000642621897341138 0.00100409671459555 0.00084344124026018 0.000883605108844079 0.00120491605751459
Stock impact report

Nvidia's Purchase of Mellanox Makes It a Long-Term Buy - the Charts Say Why [TheStreet.com]

MELLANOX TECHNOLOGIES (MLNX) 
Last mellanox technologies earnings: 4/23 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mellanox.com
Company Research Source: TheStreet.com
Nvidia(NVDAGet ReportOn Thursday, the Santa Clara, Calif., graphics-chip specialist's shares are up more than 6% on reports that the company hasreceivedMLNXInvestors were worried about the deal clearing regulatory hurdles in China, particularly as trade-war tensions flared throughout 2019.That's after Chinese regulators remained mum on the tieup between QualcommQCOMNXPItimeline for the deal expiredAs a result, It was a reasonable concern to worry that Nvidia and Mellanox would not get the deal done. Lo and behold though, the two are now much closer to aligning - and that’s great news for Nvidia investors.When thecompany announced the dealNow though, demand for its products is strong, the stock has momentum and the addition of Mellanox will be a huge catalyst for long-term investors.Let’s look at the charts.Nvidia is a holding in Jim Cramer's member club. Want to be alerted before Jim Cramer buys or sells NVDA?Learn more now.Trading Nvidia StockWeekly chart of Nvidia stock.Chart courte Show less Read more
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