Stock of the Day for August 18, 2024

NVIDIA Stock Report

NVIDIA
NVDA 90-day performance NASDAQ:NVDA NVIDIA
Current Price
$134.35
-5.76 (-4.11%)
(As of 02/21/2025 03:59 PM ET)
30 Day Performance
-5.80%
  
  
90 Day Performance
-1.23%
  
  
1 Year Performance
70.46%
  
 
Market Capitalization
$3.29T
P/E Ratio
52.87
Dividend Yield
0.03%

About NVIDIA

NVIDIA Corporation ranks among the world’s leading microchip manufacturers and is best known for its contributions in the fields of graphics and gaming. Its chips and related software power the fastest, highest-resolution graphics and are featured in a line of products that include solutions for all end-market uses. Along with gaming, NVIDIA microchips are used in visualization, datacenter, AI, and autonomous vehicles just to name a few.

NVIDIA was founded in 1993 by three friends and is headquartered in Santa Clara, California. The company was intended to focus on chips for the budding gaming and entertainment industry that was spawned by the rise of the personal computer and the Internet. At the time of its founding, there were less than 30 graphics-focused independent operators and that figure would more than double over the next few years.

NVIDIA launched its first product in 1995 called the NV1 and paved the way for 3-D games like Sega’s Virtual Fighter. The next big break came in 1996 with the launch of Microsoft DirectX Drivers which changed how Windows interfaced with games. The next year, in 1997, the company will release the world’s first 128-bit 3-D processor. It quickly gains acceptance gaming OEMs and more than 1 million units are shipped the first four months. Later, in 199, the company will invet the GPU and change the world of computing forever. The GPU will not only enhance the graphics capabilities of the PC but lead to accelerated-computing and AI as well. NVIDIA also held its IPO that same year.

Founders Jensen Huang and Chris Malachowsky are still in leadership positions. Mr. Huang has served as the company’s CEO, president, and board member since the company’s founding. Mr. Malachowsky serves as a member of the company’s executive staff and is a senior technology executive.

Today, NVIDIA Corporation is the only remaining independently operating graphics-focused microchip company in operation. The company’s business has evolved from the core gaming-oriented business to include graphics-oriented computing, and networking solutions in the United States, Taiwan, China, and internationally but gaming is still a pillar of the business.

NVIDIA’s Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and software solutions for gaming platforms.  The company also offers the Quadro/NVIDIA RTX GPUs for enterprise-level workstation graphics, the vGPU software for cloud-based visual and virtual computing, and entertainment platforms for OEM auto manufacturers, and Omniverse software for 3-D world-building.

NVIDIA’s Compute & Networking segment provides a wide range of solutions for interconnect, AI/autonomous driving, cryptocurrency mining, robotics, Data Center platforms and accelerated computing. Products include Mellanox for networking and interconnect, Jetson for robotics and embedded applications, and AI Enterprise software among others.

NVDA Company Calendar

NOV. 20, 2024
Last Earnings
DEC. 5, 2024
Ex-Dividend for 12/27 Dividend
DEC. 27, 2024
Dividend Payable
FEB. 23, 2025
Today
FEB. 26, 2025
Next Earnings (Estimated)
JAN. 31, 2026
Fiscal Year End

Recent NVIDIA News

Earnings week ahead: NVDA, HPQ, CRM, ZM, HD, and more
Microsoft's Satya Nadella Just Gave Nvidia Stock a Reality Check
Nvidia's Stock May Drop After Earnings - Even If It Beats
3 Artificial Intelligence Stocks to Buy Like There's No Tomorrow
‘This is a Golden Opportunity,’ Says Top Investor About Nvidia Stock  
Should You Buy Nvidia Stock Hand Over Fist Before Feb. 26?
NVIDIA (NASDAQ:NVDA) Trading Down 0.7% - Here's Why
NVIDIA Co. (NASDAQ:NVDA) Shares Sold by Foster Group Inc.
NVIDIA Co. (NASDAQ:NVDA) Shares Bought by Fulton Breakefield Broenniman LLC
Asset Dedication LLC Reduces Stock Holdings in NVIDIA Co. (NASDAQ:NVDA)
This report was written by MarketBeat.com on February 23, 2025. This report first appeared on MarketBeat.com.