NVIDIA Corporation (NASDAQ:NVDA) Is Now Leader Stock Value

1066

Dallas, Texas 11/11/2013 (Financialstrend) – NVIDIA Corporation (NASDAQ:NVDA) continues to drive market prices in the graphic chips segment. Nvidia, has a strong position at the markets, post its satisfying performance in the third quarter of the fiscal.

Nvidia despite industry disruption continues to be a top performer in the segment. Graphic chips manufacturing industry, which was once driven by demand for PC is now struggling to make the shift to mobile device-based graphic chips.

Across the industry, most chip-makers are in various stages of introducing newer, advanced and compaction-based chip making technology and perhaps NVIDIAs focus on innovation has helped it retain its leadership position.

The performance of the third quarter was largely boosted by the acquisition of a new computing software vertical. The deal concluded as of July 2013, brought the Portland Group Inc, which is a wholesale major in ‘parallel computing software.’ Portland Group was owned by STMicroelectronics, and has now allowed Nvidia to further strengthen its reach across market segments.

The top ten chip-making companies, in last week’s trading showed strong position closing positively by a minimum of 1% and higher on its previous close. However, NVDA, posting excellent third quarter revenues which delivered way beyond market expectations, rose by over 6.98% closing at $15.56 as of Nov 8, 2013. The only three semiconductor companies that closed in the negative for previous week were Pixelworks, Inc, PXLW closing 2.96% lower than previous.  Advanced Micro Dev continued to battle its troubles, closing 0.30% lesser than previous close.

Nvidia’s surge is backed by strong research and development and is the hallmark of the semi-conductor industry standards. This strong presence in innovation, product specialization and constant focus on lowering power consumption on its chips, while always improving productive features has led to its over $9 billion market cap position.

The recent spate of analysts rating Nvidia as leader stock is indeed justified and a pointer that investor need to invest more, allowing the company to offer better range of products.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.