NVIDIA Posts Financial Results for Third Quarter Fiscal 2018
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Noisiv
wow...Record GeForce revenue of $1.5B (2.6B total) for cool $838M of income.
there will be new Ferraris on NV's parking lot!
:D
sverek
And people say to buy AMD stock...
fantaskarsef
Loophole35
JamesSneed
D3M1G0D
A solid quarter, solid results, and solid guidance. As an Nvidia stockholder, I am very happy 🙂
I hold both stocks in my trading account, as I believe both have a lot of upside. So far, I've nearly tripled my money in NVDA and almost doubled my money in AMD. I'm holding both for long-term.
fantaskarsef
vdelvec
With the amount of Nintendo Switch systems that have sold and Nintendo ramping up production and on pace to sell over 16+ million Switch system's by fiscal year end, Nvidia is going to be rolling in even more cash. Add to the issue that a lot of these Tegra X1 chips have already been produced and were basically just sitting in a warehouse is even better news as Nvidia doesn't have to tie up production lines for new chips since Tegra's weren't really selling that well beforehand.
I say, good for Nintendo and Nvidia. Thye basically took a failure of a chip (in terms of sales) and turned it into a proverbial gold mining operation with spectacular results.
Brasky
pharma
https://www.benzinga.com/analyst-ratings/analyst-color/17/11/10764626/what-wall-street-thinks-of-nvidias-huge-quarter
You don't even have to go back that far. In the past 3 years Nvidia stock is up 1000 %!
gx-x