Nvidia stock gets an upgrade as analyst says medical use of GPUs could ramp due to COVID-19 [MarketWatch]
NVIDIA Corporation (NVDA)
Last nvidia corporation earnings: 2/13 04:20 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.nvidia.com/home/default.aspx
Company Research
Source: MarketWatch
Nvidia stock gets an upgrade as analyst says medical use of GPUs could ramp due to COVID-19 Needham analyst Rajvindra Gill upgraded Nvidia Corp.'s stock NVDA, +11.62% to buy from hold Tuesday, writing that the company's GPUs and artificial-intelligence capabilities will prove attractive during the COVID-19 outbreak. He expects increased usage of GPUs for medical applications going forward as GPUs can speed up the analysis of genomes "from days to less than one hour." He also predicts that companies will accelerate their adoption of artificial intelligence. Finally, he is upbeat about Nvidia's financial position. "During this uncertain time, superior balance sheets remain supreme," he wrote. "Nvidia has a net cash position of $8.9 billion ($10.9 billion of cash/investments minus $2.0 billion debt) or $14.34/share. Of the 21 companies in the SOX SOX, +7.06% , the only company with a higher net cash position is TSMC TSM, +6.16% . " Nvidia shares are up 10.5% in Tuesday trading,
Show less
Read more
Impact Snapshot
Event Time:
NVDA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NVDA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NVDA alerts
High impacting NVIDIA Corporation news events
Weekly update
A roundup of the hottest topics
NVDA
News
- AMD and Samsung Partner To Boos MI350 Chip Capabilities with Advanced Memory Tech [Yahoo! Finance]Yahoo! Finance
- Meet Nvidia's Canadian secret weapon [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Nvidia set to be featured on 60 Minutes [Seeking Alpha]Seeking Alpha
- US Megacaps to Lead Stock Rally Until Real Rates Bite, Says BofA [BNN Bloomberg (Canada)]BNN Bloomberg
- Beijing city to subsidise domestic AI chips, targets self-reliance by 2027 [Reuters]Reuters
NVDA
Earnings
- 2/21/24 - Beat
NVDA
Sec Filings
- 4/10/24 - Form 4
- 4/9/24 - Form 4
- 4/3/24 - Form 4
- NVDA's page on the SEC website