![]() ![]() ![]() Nvidia last year launched new GPUs based on its much-anticipated Turing architecture. But we should note that video gaming still comprises more than half of its business. Today, Nvidia’s chips also help power everything from data centers and cloud computing to artificial intelligence and machine learning. The firm has benefited from the rise of gaming and looks poised to do so for years to come through the expansion of esports and the desire for more life-like graphics. Nvidia has long been a graphics chip powerhouse. So, let’s take a look at what to expect from Nvidia’s upcoming fourth-quarter financial results that are due out in February to see if NVDA stock can regain any momentum. With that said, Nvidia stock is down roughly 40% over the last six months. However, shares of NVDA slipped after hours and in early trading Friday in response to disappointing earnings from industry giant Intel ( INTC Quick Quote INTC - Free Report). Shares of Nvidia ( NVDA Quick Quote NVDA - Free Report) surged nearly 6% during regular trading Thursday, along with fellow chip firms Micron ( MU Quick Quote MU - Free Report) and Texas Instruments ( TXN Quick Quote TXN - Free Report), on the back of strong earnings reports from major industry players. ![]()
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