Nomura Remains on the Sidelines for NVIDIA Corporation (NVDA) and Wynn Resorts, Limited …

Nomura analysts explain the future of semiconductor firm NVIDIA Corporation (NASDAQ:NVDA) and casino resort company Wynn Resorts, Limited (NASDAQ:WYNN) following analyst events and a pre-earnings announcement, respectively. Both are neutral on the two companies, citing near term benefits mixed with long term uncertainties. NVIDIA Corporation Analyst Sanjay Chaurasia weighed in on NVIDIA after attending the GTC 2016 (GPU technology conference) event and the company’s analyst day. The analyst cites several “key takeaways” from the GTC 2016 related to the company. First, “Similar to last year’s GTC, much of the focus was on Deep Learning and on expanding use-cases of GPU accelerated computing in data centers.” Chaurasia highlighted an emphasis on expanded SDK availability, GPU Inference Engine availability, and updates to SDK in terms of “new features for VR (Iray VR), gaming,…


Link to Full Article: Nomura Remains on the Sidelines for NVIDIA Corporation (NVDA) and Wynn Resorts, Limited …