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<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "This bump updates the NVIDIA stock so far The 201% return in 2019 is higher than the 16.2% return recorded by the wider market. Financial results for the second quarter of 2020 better than expected. Things are announcing better this year for the company and its shares, which were once very successful after halving their share price from October to the end of last year. During the one year period, there remains "only about" 30%, although it remains a huge winner over longer periods. & Nbsp; & nbsp; "Data-reactid =" 12 "> This increase to 28% the performance of the NVIDIA shares since the beginning of the year at 28%, which is superior to the 16.2% performance of the overall market. it's on the heels of Friday's 7.3% hike recorded after the company's release, better than expected financial results for the second quarter of 2020. The outlook is better this year for the company and the company. its formerly very promising stock after the halving of the October stock price at the end of last year. it is now "fair" about 30%, although he remains a huge winner over longer periods.
Here's what investors should know about moving the NVIDIA share on Monday.
Young adult man playing a video game on a computer with three other computer screens and another player next to him partially visible.
Source of the image: Getty Images.
<h2 class = "canvas-atom-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "NVIDIA partnership brings more realistic graphics to Microsoft Minecraft & nbsp;"data-reactid =" 26 "> NVIDIA partnership brings more realistic graphics to Microsoft Minecraft
<p class = "canvas-atom-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Monday at Gamescon in Germany, NVIDIA and & nbsp;Microsoft (NASDAQ: MSFT) announced that NVIDIA's RTX ray tracing technology would arrive at the software giant's PC version Minecraft. This will give players a more immersive experience, as RTX provides more realistic lighting, shadows and colors. "Data-reactid =" 27 "> Monday at Gamescon in Germany, NVIDIA and Microsoft (NASDAQ: MSFT) announced that NVIDIA's RTX ray tracing technology would arrive at the software giant's PC version Minecraft. This will give players a more immersive experience, as RTX provides more realistic lighting, shadows and colors.
<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "While RTX is well received by game creators, This is a particularly notable win for NVIDIA because & nbsp;Minecraft It's the best-selling video game in history, with more than 176 million copies sold worldwide. & nbsp; The agreement is expected to raise awareness of the latest generation of NVIDIA GPUs. The company's GeForce RTX GPUs are the only ones to offer real-time ray tracing capabilities. & Nbsp; "data-reactid =" 28 "> Although RTX is well received by game makers, it is a particularly remarkable gain for NVIDIA because Minecraft is the best-selling video game in history, with more than 176 million copies sold worldwide. Thus, the agreement should bring much more visibility to the latest generation of NVIDIA graphics cards. The company's GeForce RTX GPUs are the only GPUs with real-time ray tracing capabilities.
"Minecraft will expose ray tracing to millions of players of all ages and backgrounds who may not be playing more hardcore video games," said Matt Wuebbling, NVIDIA GeForce Marketing Manager. "The world's best-selling video game, which adds PC-based ray tracing, illustrates the dynamics that ray tracing has created in the game's ecosystem."
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "NVIDIA showcased its RTX tech at the Games Developers Conference in March 2018. Its development was a huge feat, as real-time ray tracing has long been considered the holy grail of the game industry. "data-reactid =" 30 "> NVIDIA presented its RTX tech at the Game Developers Conference in March 2018. Its development is a feat, because real-time ray tracing has long been considered the holy grail of the video game industry.
Continuation of the post-profit rise and extension of the suspension of Huawei's trade ban
Microsoft news seems to be the main catalyst for the NVIDIA stock's Monday pop. However, stocks also likely benefit from the tailwind on profits beaten Thursday in the second quarter. Although adjusted earnings per share decreased 36% year-over-year to $ 1.24, this result was still better than Wall Street expected at 1, 14 dollar.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "In addition, the stock NVIDIA surely also had the right to an elevator The semiconductor stock rebounded following the Trump administration's announcement on the ban on US companies from dealing with the Chinese telecoms giant & nbsp;Huawei. & nbsp; "Data-reactid =" 33 "> In addition, NVIDIA's share price certainly benefited from the strength of the global technology market, and more specifically the chip market. Semiconductor stocks rebounded at the same time. Following the announcement of the Trump administration on a ban that prevents US companies from doing business with China's telecommunications giant Huawei.
The stay, which was due to expire on Monday, was extended by 90 days. Some investors have probably seen this decision as a sign of a slowdown in the trade war between the US and China, which has recently intensified.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Teresa Kersten, a LinkedIn employee, a subsidiary of Microsoft, is a board member of The Motley Fool. Beth McKenna owns shares of NVIDIA. Motley Fool owns shares and recommends Microsoft and NVIDIA. The Motley Fool offers the following options: Long January 2021 $ 85 calls on Microsoft. The Motley Fool has a disclosure policy."data-reactid =" 36 ">Teresa Kersten, a LinkedIn employee, a subsidiary of Microsoft, is a board member of The Motley Fool. Beth McKenna owns shares of NVIDIA. Motley Fool owns shares and recommends Microsoft and NVIDIA. The Motley Fool offers the following options: Long January 2021 $ 85 calls on Microsoft. Motley Fool has a disclosure policy.
<p class = "canvas-atom-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "This article was originally published on Fool.com"data-reactid =" 37 "> This article was originally published on Fool.com
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