Nvidia Stock Steady Despite Record Gaming Demand
Nvidia stock price continues to trade in the $530 range even though the chipmaker has reported record September quarter results. The pressure on the share price has been blamed on the broader stock market uncertainty amid rising virus infections and social distancing policies.
Nvidia Stock Tops in Q3, But Zoom Stock Outperformed Tech Stocks
Nvidia stock price remains the S&P 500 top performer as its shares surged almost 76% during the third quarter. The investors’ confidence in the future fundamentals of Semi-conductor Company helped in adding to shares price gains. Nvidia has announced a $40B acquisition of SoftBank's Arm chip unit.