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June 8, 2021


Nvidia sold $155 million in crypto mining chips last quarter, but PC gaming remains its biggest market

CNBC – For more and to sign up click here In February, as cryptocurrency prices spiked, Nvidia released new processors specifically for mining crypto. They can’t power a computer monitor, but they can generate valuable ether coins. On Wednesday, the company provided an update on how its cryptocurrency, or CMP,......

Nvidia revenue jumps 84% from last year as gamers demand graphics chips

CNBC – For more and to sign up click here Jen-Hsun Huang, CEO, Nvidia David Paul Morris | Bloomberg | Getty Images Nvidia reported first quarter results for its fiscal 2022 on Wednesday, with sales growing 84% compared to last year. Earnings and sales both beat Wall Street expectations, but......

Nvidia current-quarter revenue forecast beats expectations

The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. REUTERS/Tyrone Siu/File Nvidia Corp (NVDA.O) forecast second-quarter revenue above analysts’ estimates on Wednesday, betting on strong demand for its flagship gaming and artificial intelligence chips for data centers. The pandemic-led demand......

Jim Cramer says Nvidia shares will ‘end up looking cheap’ next year as stock nears record high

CNBC – For more and to sign up click here CNBC’s Jim Cramer said Monday it’s a mistake for investors to write Nvidia stock off as overvalued. The U.S. chipmaker earlier unveiled new product launches and revealed it expects to beat profit estimates in the company’s current fiscal quarter. “Nvidia’s......

Nvidia stock rises as it sees better-than-expected first quarter

CNBC – For more and to sign up click here A sign is posted in front of the NVIDIA headquarters on May 10, 2018 in Santa Clara, California. Justin Sullivan/Getty Images Nvidia stock rose over 5% on Monday after announcing several new products and telling investors that it expected its......

Intel stock dropping after Nvidia announces server chip

CNBC – For more and to sign up click here Nvidia CEO Jensen Huang wearing his usual leather jacket. Getty Intel stock dropped as much as 4% on news that Nvidia plans to make its own server CPU based on ARM technology. Nvidia stock was up over 2% in trading......

Nvidia expects first-quarter sales to exceed $5.3 billion

FILE PHOTO: The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California, February 11, 2015. REUTERS/Robert Galbraith/File Photo (Reuters) -Nvidia Corp’s first-quarter revenue will be above its earlier forecast of $5.3 billion, the chipmaker said on Monday, as it benefits from strong demand for chips......

Nvidia CEO confident in company’s growth prospects even if Arm acquisition does not happen

CNBC – For more and to sign up click here Nvidia CEO Jensen Huang told CNBC on Thursday he was confident in the company’s growth story, even if its potential blockbuster acquisition of British chip designer Arm does not happen. “Nvidia is going to be huge no matter what,” Huang said on......

Nvidia beats as revenue grows 61% from a year ago

CNBC – For more and to sign up click here Nvidia founder, President and CEO Jen-Hsun Huang Getty Images Nvidia stock dropped over 2% in extended trading after CEO Jensen Huang told analysts that while selling processors to cryptocurrency miners will be part of the company’s business, he doesn’t expect......

Stocks making the biggest moves after the bell: GameStop, Nvidia, ViacomCBS & more

CNBC – For more and to sign up click here A shopper walks toward a GameStop store in Ottawa, Illinois, April 1, 2019. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines after the bell on Wednesday: GameStop – Shares of the gaming retailer surged 61%,......

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