NVIDIA Corp (Extended Hours)NVIDIA Corp (Extended Hours)NVIDIA Corp (Extended Hours)

NVIDIA Corp (Extended Hours)

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NVIDIA Corporation's supply-constrained processors have led major hyperscalers, including Microsoft, Meta, and Alphabet, to seek alternative solutions, benefiting companies like Marvell and Broadcom.
Daiwa Securities has adjusted its price target on NVIDIA Corporation to $160 from $125, with analysts polled by FactSet giving NVIDIA an average rating of buy and a mean price target of $170.80.
NVIDIA Corporation is mentioned in the context of rising semiconductor stocks, driven by increased demand for custom AI silicon.
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About NVIDIA


NVIDIA Corp engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU), Tegra Processor, and All Other. The GPU segment comprises of product brands, which aims specialized markets including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users. The Tegra Processor segment integrates an entire computer onto a single chip, and incorporates GPUs and multi-core CPUs to drive supercomputing for autonomous robots, drones, and cars, as well as for consoles and mobile gaming and entertainment devices. The All Other segment refers to the stock-based compensation expense, corporate infrastructure and support costs, acquisition-related costs, legal settlement costs, and other non-recurring charges. The company was founded by Jen Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in January 1993 and is headquartered in Santa Clara, CA.

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