Nvidia beats on earnings and revenue after the close–stock trades flat after pre-earnings run
After the close today, Nvidia (NVDA) reported fourth quarter earnings of $1.32 a share (versus analyst projections of $1.22) and revenue of $7.6 billion (versus expectations for $7.42 billion). As of 4:45 the stock has trading down $1.09 in the after-hours market. In...
Splits still work? Nvidia gains 4.1% on news of 4 for 1 split
Nvidia’s (NVDA) board has declared a 4 for 1 stock split effective after the close on July 19. Assuming that share holders approve at the company’s June 3 annual meeting. (Gee, you think shareholders would vote against a split?) The stock is up 4.1% today,...
Microsoft buys Nuance to strengthen AI position
Microsoft (MSFT) will buy speech-recognition pioneer Nuance Communications (NUAN) for $19.6 billion in cash. The move will speed Microsoft’s ambitions in the healthcare digital record keeping market. Microsofts goal is to use voice recognition technology to...
Nvidia jumps 5.62% today on upgrade to revenue forecast and news of its first microprocessor for servers
Nvidia (NVDA) announced its first microprocessor for the server market today, April 12. Right now Intel (INTC) owns around 90% of the market for server processors, where its chip works in tandem with a graphics chip from Nvidia to handle highly complex computing jobs...
Buying Nvidia today for my long-term 50 Stocks Portfolio
On October 15 I noted that the hike in revenue guidance from Taiwan Semiconductor Manufacturing (TSM) on huge demand for its chips in AI and gaming (among other sectors) was good news for gaming, AI, and data center leader Nvidia (NVDA.) And I hinted at buying shares...
Taiwan Semiconductor Manufacturing raises 2020 revenue forecast again
Taiwan Semiconductor Manufacturing (TSM) reported earnings of 90 cents per American depositary receipt today on sales of $12.14 billion for the company’s September quarter. Net income climbed 36% year over year. Analysts had expected the company to earn 81...
Nvidia climbing with chip rally, keeping as Jubak Pick
After the close on November 14 Nvidia (NVDA) announced fiscal third quarter 2020 quarterly earnings of $1.78 a share, 20 cents a share above the Wall Street consensus. Revenue of $3.10 billion was $92.21 million above projections. Chip stocks are currently among the...Jim’s Daily Email Alerts:
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