NVIDIA Corporation (NASDAQ:NVDA) declared at its GPU Technology Conference that other foundries in addition TSMC frequently pitch for the company’s business.
Nvidia has utilized TSMC as its foundry wholly for numerous years and usually makes use of its leading border procedure nodes once they are qualified. However, the firm declared that because of its order sizes, other foundries frequently pitch for its business.
GM of Nvidia’s Tesla GPU Accelerated business unit, Sumit Gupta declared that TSMC has been a fine foundry for the company, at what time questioned regarding whether its imminent Volta GPU architecture will request too much from TSMC. Gupta additional that because of Nvidia’s order size, in spite of its long-standing association with TSMC it frequently is pitched for business by further foundries, although he would not speak who.
While CEO of Nvidia’s, Jen-Hsun Huang, started GTC by presenting the company’s GPU architecture roadmap. Though Kepler ended up life form postponed until March 2012, approaching back the entrance any further generations.
Coming to the stock performance in last Session; NVIDIA Corporation (NASDAQ:NVDA) in last trading session end up at $12.42 by falling -1.58% with traded volume of 8.47 million shares which is down the average volume of 11.31 million shares.
The stock price saw week’s volatility of 1.54% and month’s volatility is 1.93%, while the stock price of the company is moving down from its 20 days moving average with -1.53% and isolated positively from 50 days moving average with 0.18%.
Looking at Analytic Ratios; the price to sales ratio of NVDA in past twelve months was calculated as 1.79 and price to cash ratio as 2.05. Company return on equity ratio is recorded as 12.54% and its return on assets is 9.40%.
NVDA belongs to Technology sector. Yesterday Dow Jones U.S. Technology Index (STC) was at 749.56 with -1.34% change.