NVDA stock hits all-time high, nvds stock continues to gain as more investors join in on NVDA rally

NVDA stock hits all-time high, nvds stock continues to gain as more investors join in on NVDA rally

September 23, 2021 Comments Off on NVDA stock hits all-time high, nvds stock continues to gain as more investors join in on NVDA rally By admin

NVDA (NVDA) stock has surged on a surge in demand for its NVDS (NVD) technology and on its upcoming augmented reality headset, NVB.

Nvidia Corp., the world’s biggest graphics chipmaker, said on Wednesday that it expects to ramp up its revenue for the third quarter as it seeks to compete with chipmaker Intel Corp. NVDA, which is also an Nvidia licensee, is trading up 1.5% at $7.75 a share, up from the $7 a share it was trading earlier.NVDA, the technology for the company’s new augmented reality headsets, has become a darling of the tech crowd after debuting in April.

The NVDA-powered VR headsets, known as Project Ara, offer a low-cost alternative to conventional smartphones and are set to be unveiled this month.

The company’s stock jumped 10% to $7,938 on Wednesday.

Shares of the chipmaker rose 8% to more than $1,000 per share on Wednesday, after surging more than 1,000% over the past two months.NVB, which will be introduced on Sept. 15, is a new technology that uses a semiconductor known as the NVBX to create a transparent display.

The display uses a thin film of graphene to create layers of transparent liquid.

NVB has attracted interest from the tech world, which has been seeking cheaper and more flexible displays.NVAD, which stands for New Visions Technology, is the company behind the NVD-enabled AR headset, which also uses graphene and a transparent material called polydimethylsiloxane (PDMS).

The NVAD technology is expected to become the technology of choice for high-end consumer and commercial applications, according to the company.

NVAD is also a pioneer of the use of graphene in wearable devices, according a recent report by research firm IDC.

The NVDA and NVB shares gained more than 9% in after-hours trading on Wednesday before hitting their highest levels since December, after Nvidia said it expects its revenue from the NVAD market to increase to $4.8 billion in the third fiscal quarter.NVD stock has gained about 16% over that time and is trading at $8.72.

NVBI, NVAD and NVDA are among the three largest companies in the semiconductor industry, according, according the S&P 500 Index.