Company Of The Day: Nvidia
What?
Nvidia (NASDAQ:NVDA) is offering a new graphics processing chip called A800 in China that has downgraded capabilities in order to bypass the U.S. export ban on semiconductor technology to China.
So What?
China is a huge market for Nvidia. The company is counting on the new chip to help compensate for roughly $400 million in lost sales from restrictions on the high-end graphics processing chips.
See Our Complete Analysis For Nvdia
Returns | Nov 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
NVDA Return | 8% | -50% | 447% |
S&P 500 Return | -1% | -20% | 71% |
Trefis Multi-Strategy Portfolio | -3% | -24% | 200% |
[1] Month-to-date and year-to-date as of 11/9/2022
[2] Cumulative total returns since the end of 2016
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