NVIDIA CEO: 2 New Data-Center Applications for Our GPUs
NVIDIA (NASDAQ: NVDA) reported terrific fiscal second-quarter 2018 results on August 10. The graphics-chip specialist's revenue grew 56%, earnings per share (EPS) soared 124%, and adjusted EPS surged 91%.
There was some great information about the company's future prospects covered on the analyst conference call following the earnings release. One of the best nuggets involved CEO Jensen Huang and CFO Colette Kress discussing the emergence of two new applications for the company's data-center platform, which is already growing like lightning.
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Source: Fool.com
NVIDIA Corp. Stock
€104.12
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Currently there is a rather positive sentiment for NVIDIA Corp. with 190 Buy predictions and 9 Sell predictions.
As a result the target price of 110 € shows a slightly positive potential of 5.65% compared to the current price of 104.12 € for NVIDIA Corp..
