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NVDA NVIDIA Corporation

886.22
28.05 (3.27%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
NVIDIA Corporation NASDAQ:NVDA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  28.05 3.27% 886.22 880.01 889.40 892.81 870.4001 877.47 39,833,866 05:00:08

Nvidia Shares Rise in Premarket Trading After Strong Earnings Report

14/02/2020 11:57am

Dow Jones News


NVIDIA (NASDAQ:NVDA)
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From May 2019 to May 2024

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By Colin Kellaher

 

Shares of Nvidia Corp. rose more than 6% in premarket trading Friday after the graphics chip maker posted fiscal fourth-quarter results that topped Wall Street's expectations and said its first-quarter revenue would also exceed estimates.

The Santa Clara, Calif., company got a boost from strong gaming revenue and record sales to data centers that use its hardware in artificial-intelligence calculations.

Analysts at Susquehanna International Group raised their price target on the company's shares to $330 from $310, saying Nvidia's data-center AI story "is back on track."

Nvidia shares, which closed Thursday at $270.78, were up 6.4% to $288.09 in premarket trading Friday.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

February 14, 2020 06:42 ET (11:42 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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