Nvidia Stock: Solid Upside Despite Valuation Concerns
18 Januar 2022 - 02:09PM
TipRanks
Nvidia (NASDAQ:NVDA) stock delivered stellar gains and outpaced the
Nasdaq composite index over the past year. To be precise, the
NVDA stock price has increased about 99.3% in one year, thanks
to the ongoing strength across its business segments. It’s
worth noting that for the first three quarters of FY22, Nvidia’s
revenues at gaming, DC (data center), Pro Viz (Professional
Visualization) segments increased by 72%, 53%, and 97%,
respectively, on a year-over-year basis. Meanwhile, revenues in the
auto segment are up about 13% during the same period. While
it benefits from strong demand trends, valuation concerns and
profit-taking led to a pullback in Nvidia stock.
https://www.tipranks.com/news/article/nvidia-stock-solid-upside-despite-valuation-concerns?utm_source=advfn.com&utm_medium=referral
NVIDIA (NASDAQ:NVDA)
Historical Stock Chart
Von Apr 2022 bis Mai 2022
NVIDIA (NASDAQ:NVDA)
Historical Stock Chart
Von Mai 2021 bis Mai 2022