Why Nvidia Stock Bounced Back Today
Shares of graphics semiconductor supplier Nvidia (NASDAQ: NVDA) recovered from their mini sell-off Tuesday, regaining 2% in Wednesday trading as of 12:25 p.m. ET.
Image source: Getty Images.
In twin earnings reports last night, Dell Technologies (NYSE: DELL) and HP (NYSE: HPQ), two of the biggest names in personal computing, reported sizable earnings beats that confirmed the health of personal computer demand. And that at least implies further strong demand for Nvidia's chips.
Source Fool.com