Tag Archives: nvda

Apple To Face 64-Bit Competition From Android Devices

Apple’s (AAPL) iPhone 5S was the first smartphone with a 64-bit processor to hit the market, but it will have company later this year when Google (GOOG) Android-based devices start using 64-bit chips. Intel (INTC), Marvell Technology Group (MRVL), MediaTek, Qualcomm (QCOM) and Nvidia (NVDA) all announced their first 64-bit mobile processors at Mobile World Congress last month. But 64-bit-compliant Android smartphones are unlikely to hit the market

Nvidia Q4 Earnings Make Street Cautiously Optimistic

Chipmaker Nvidia (NVDA) got an upgrade and other positive notes on the Street Thursday after it beat Q4 estimates, but most remained neutral on the stock. Nvidia stock was up more than 2% in afternoon trading on the stock market today, near 17.20. That’s its highest price since June 2011. Late Wednesday, Nvidia said Q4 sales rose 3% over the year-earlier quarter to $1.14 billion, beating analysts’ consensus of $1.05 billion. The company guided Q1

Nvidia Said Too Rich Vs. Chip Peers, Downgraded

Nvidia (NVDA), after the stock’s recent run-up, might be too pricey vs. some of its chip peers. That’s the assessment from Bobby Burleson, an analyst for Canaccord Genuity, who on Thursday downgraded the Nvidia stock to hold from buy. But Burleson retained a 16 price target. Nvidia stock was down 3.5% in morning trading in the stock market today, near 15.80. The stock touched an 11-month high of 16.44 on Wednesday. Nvidia stock had risen more than