Tag Archives: Nvidia

Nvidia Corp., long known as a graphics-chip maker for videogaming, is turning into more of a data-center company. Nvidia reported strong first-quarter earnings Thursday, as sales of data-center chips soared 80% and surpassed $ 1 billion in a single quarter for the first time, at $ 1.13 billion, while gaming …

Nvidia Corp.’s stock surged Friday as analysts practically wrote Valentine’s Day notes for the company and raised their price targets after the chip company barreled past expectations in data-center sales following a tough year of revenue declines. Nvidia NVDA, +8.30%  stock surged to an intraday high of $ 294.40, and …