Nvidia’s Market Price Spikes Nearly 12 Per Cent In Just A Single Month

Off the back of its Pascal-powered GeForce GTX 10 Series graphics cards, Nvidia is unsurprisingly having a fantastic year. Its shares price rose sharply in September, jumping 11.7% in value within just a single month according to data provided by S&P Global Market Intelligence and an analysis by the Motley Fool. Their Q2 2016 revenue stood at $1.43 Billion, experiencing a colossal 24% growth year on year. Nvidia’s share prices didn’t go up in a blink of an eye however. Analysts were expecting a lot less than the announced $1.43 billion revenue in the second quarter of 2016. This announcement ultimately lead to more investors buying shares. Alongside this, Nvidia’s automotive revenue has also seen a surge of over 68% thanks to their Tegra chips being installed into smart cars.  Car…


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