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Nvidia shares rally: boosted by strong earnings forecasts for third quarter

Source: Internet
Author: User
Keywords Share price boost rally
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Sina Science and technology news in Beijing August 12 night, Nvidia shares rose 12% in Friday, so the former company announced a Better-than-expected second-quarter results, and boosted its mobile phone business growth, the company also released a strong third-quarter revenue forecasts. The NVIDIA stock price rose 1.63 U.S. dollars, reported 15.04 U.S. dollars.　　The company's shares were closed to $13.41 dollars in Thursday. But broker Evercore has lowered the NVIDIA target price from $12 to $11, citing a disappointing growth in the company's High-profile Tegra processor business and maintaining a downgrade of Nvidia's holdings. Summer)

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