Tesla Partner Nvidia Seeing Major Stock Revival

By | August 7, 2015

Scalper1 News

Nvidia’s (NVDA) view-topping second-quarter results and third-quarter revenue guidance have revived its stock, which had fallen as much as 20% from March to July. The chipmaker is partners with Tesla Motors (TSLA), and also makes chips for gaming consoles and mobile devices. Shares of Nvidia gapped up 10% in huge volume to a three-month high in the stock market today, easily jumping above their 50-day and 200-day moving averages. Those averages Scalper1 News

Scalper1 News