Wed, Dec 17, 2014, 6:21 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Advanced Micro Devices, Inc. Message Board

  • processor_pro processor_pro Jan 6, 2012 2:31 PM Flag

    Nvidia To $21 ! FORBES !

    time to sell? YES!

    Nvidia Goes Far Beyond GPUs, Stock Going To $21

    2011 was a year of significant developments for Nvidia, accompanied by some wide swings in its stock price.

    While the company made some big announcements on the product development side, it also had to face the aftermath of product advancements from Intel and Advanced Micro Devices.

    This past year Nvidia also began its serious push into mobile computing and showed ambitions of becoming much more than a graphics chip maker.

    Our price estimate for Nvidia stands at $20.91, implying a premium of about 50% to the market price.

    See our complete analysis for Nvidia

    Nvidia’s Ambitions Expanded Beyond Graphics

    Nvidia is primarily known for its GPU technology and its graphics cards are widely used in desktops and notebooks all over the world. However, with the announcement of Project Denver and the launch of the world’s first dual-core mobile application processors Tegra 2 early in 2011, Nvidia made it clear that it has ambitions to expand well beyond graphics.

    Project Denver refers to Nvidia’s project under which it will build high-performance ARM architecture based CPU cores that will support regular desktop and notebook PCs as well as servers and super computers (see article Can Project Denver Justify Nvidia’s Stock Run?). These CPUs could be available around 2013.

    Nvidia aimed Tegra 2 at the fast growing smartphone and tablet market and recently launched Tegra 3. This launch has accelerated Nvidia’s growth in mobile computing chip revenues. In addition to this, Nvidia bought baseband processor maker Icera, in its quest of further expanding its product portfolio (see article Nvidia Acquires Icera as Baseband Chipset Market Heats Up).

    http://www.forbes.com/sites/greatspeculations/2012/01/06/nvidia-goes-far-beyond-gpus-stock-going-to-21/

 
AMD
2.55+0.050(+2.00%)Dec 17 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.