Nvidia Beats, But Intel Fees Nearing End Of Line

By | August 7, 2015

Scalper1 News

Nvidia (NVDA) stock gapped up Friday after the chipmaker late Thursday reported Q2 revenue that trumped Wall Street’s forecast. At least five analysts hiked Nvidia’s price target Friday. For its fiscal Q2 ended July 26, Nvidia reported $1.15 billion revenue, up 4.6% from the year-earlier quarter and beating the $1.01 billion consensus of 30 analysts polled by Thomson Reuters. Nvidia said sales of its GeForce chip, used in PC gaming, rose 51% in Q2 Scalper1 News

Scalper1 News