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Nvda news after hours
Nvda news after hours








nvda news after hours

Dubbed the RTX 4000-series, the cards should provide a welcome performance boost over the company’s current RTX 3000-series line, not to mention boost Nvidia’s bottom line. Nvidia is also expected to unveil its latest graphics card lineup in the coming months. A decrease in the price of crypto usually coincides with a drop in card prices as miners turn their attention away from buying up available supplies to mine coins. That said, Nvidia’s cards, along with AMD’s, are dropping in price thanks to the crash in cryptocurrency prices. Currently, the company has a market capitalization of 612.15 billion. manufactures graphic processors, chipsets, and related products/services. NVDA continued to gain in the after-hours, to reach a per-share value of 258.00. Intel CEO Pat Gelsinger predicts that the shortage will continue into 2024, which means we’re still far from returning to pre-pandemic availability for many semiconductors. The stock closed the session with a mild gain of 0.62 at 246.38. That’s not to say the chip shortage is over, not by a long shot.

nvda news after hours

Intel ( INTC), meanwhile, has managed to stay roughly in line with the S&P 500, with shares dropping more than 9% compared to the index’s 7% decline.Ĭrucially for Nvidia, and gamers, graphics cards are finally returning to store shelves after months of crushing supply chain disruptions. Shares of Qualcomm ( QCOM) have also suffered, falling 22%. Jensen Huang, CEO of Nvidia, reacts to a video at his keynote address at CES in Las Vegas, Nevada, U.S.










Nvda news after hours