It had doubled again to $230 by January of 2018 and today sits around $290. Between February of 2016 and February of 2017, Nvidia stock went from $24.75 per share to $113.62 per share. After another recovery, the stock traded sideways for a couple of years until the company announced its first ever dividend in November of 2012.įour more years of sideways trading followed until the calendar flipped to 2016 and Nvidia’s stock exploded. But unlike many of its computer-driven competitors, Nvidia survived the dot-com bubble burst and continued to grow and innovate.Īfter pushing close to the $40 mark in November of 2007, Nvidia shares were hit again by the Great Recession and prices receded back to the single digits. Unfortunately, the IPO came to market only a few months before the beginning of the dot-com meltdown, which sent many tech stocks plummeting without recovery for several years.īy October of 2002, Nvidia shares were trading below $3. Nvidia filed its IPO on Janu(shortly before the release of its first graphics processing unit) with shares priced at $12. Nvidia has also been delving into artificial intelligence and recently made headlines when an analyst at Evercore stated he was on the verge of a breakthrough with his deep learning platform. High-end image rendering for scientific industries.Professional design and content creation.They sell products designed to perform the following tasks:

Today, Nvidia technology can be found everywhere. By increasing the graphic manipulation speed, Nvidia set itself up to be a player in several industries, especially game consoles and computer workstations. In 1999, they presented the world with their first graphics processing unit (GPU), a special type of circuit that greatly increased the speed of image rendering on computer systems.Ĭalled the GeForce 256, this GPU had the capability of processing 10 million polygons per second. Nvidia’s founders believed that computers would evolve to become potent gaming and media consumption machines.

Nvda buy or sell november 2017