NVIDIA Corporation is a Nvidia is the leading designer of graphics processing units that enhance the experience on computing platforms.
Among the biggest risers on the S&P 500 on Wednesday March 31 was NVIDIA Corporation ($NVDA), popping some 3.7% to a price of $533.93 a share with some 7.79 million shares trading hands.
Starting the day trading at $520.62, NVIDIA Corporation reached an intraday high of $538.82 and hit intraday lows of $519.30. Shares gained $19.06 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 620 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $238.39 to $614.91.
Nvidia is the leading designer of graphics processing units that enhance the experience on computing platforms. The firm’s chips are used in a variety of end markets, including high-end PCs for gaming, data centers, and automotive infotainment systems. In recent years, the firm has broadened its focus from traditional PC graphics applications such as gaming to more complex and favorable opportunities, including artificial intelligence and autonomous driving, which leverage the high-performance capabilities of the firm’s graphics processing units.
NVIDIA Corporation has its corporate headquarters located in Santa Clara, CA and employs 18,975 people. Its market cap has now risen to $331.04 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 19.59, and P/FCF n/a.