Why Nvidia Stock Was Up Today

Motley Fool2021-10-05

What happened Shares of Nvidia (NASDAQ:NVDA) were up 2.4% at 10:18 a.m. EDT on Tuesday. Market sentiment was more positive today, as the S&P 500 index was also trading higher, which would explain part...

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精彩评论

Blading23
2021-10-06
Blading23
Keep it up
- Blading23:
  good
6a514728
2021-10-06
6a514728
Good
bostonxsgp
2021-10-06
bostonxsgp
solid
Alannjy
2021-10-06
Alannjy
Like
- phtan68:
  liked
Delfort
2021-10-06
Delfort
Thanks for sharing
kctan
2021-10-06
kctan
Comment and like please

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Market sentiment was more positive today, as the S&P 500 index was also trading higher, which would explain part...</p>\n\n<a href=\"https://www.fool.com/investing/2021/10/05/why-nvidia-stock-was-up-today/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.fool.com/investing/2021/10/05/why-nvidia-stock-was-up-today/","article_id":"2173151429","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2173151429","pubTimestamp":1633446000,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Investors love its leading position in this important market.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"为什么英伟达的股票今天上涨了","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVDA":0.9},"content_text":"What happened\nShares of Nvidia (NASDAQ:NVDA) were up 2.4% at 10:18 a.m. EDT on Tuesday. Market sentiment was more positive today, as the S&P 500 index was also trading higher, which would explain part of the bounce in Nvidia's share price after the recent pullback.\nAs for company-specific news, the graphics specialist announced an extension of its collaboration with Lenovo (OTC:LNVGY) to include participation in VMware's (NYSE:VMW) Project Monterey early-access program, which takes advantage of networking technologies like Nvidia's BlueField data processing units.\n\nNvidia's BlueField-2X DPU. Image source: Nvidia.\nSo what\nProject Monterey was first introduced at VMworld 2020. It aims to improve how enterprises can take advantage of hardware accelerators, such as graphics processing units, which are increasingly taking over more workloads from central processing units in the cloud.\nProject Monterey uses Nvidia's BlueField-2 data processing units. The graphics company unveiled BlueField-3, the next-generation data center infrastructure computing platform, at its Investor Day in April, along with Grace, its first-ever data center CPU.\nNvidia's data center momentum has been unstoppable over the last few years, even through the pandemic. In the fiscal second quarter, Nvidia's data center segment grew revenue by 261% over the same quarter two years ago. The new technologies and partnerships unveiled this year suggest its best days are still ahead.\nNow what\nThe partnership with VMware, a leading cloud infrastructure provider, is one more piece of the puzzle of Nvidia's plan to tackle a $100 billion opportunity in the data center market, where the chipmaker is widely viewed as a leader.\nNvidia has been one of the hottest tech stocks to own in recent years but has sold off along with the broader market over the past month. 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