The price of Nvidia continued to increase in the coming months until June. However, it did drop off a bit by the end of the day, closing at $0.77. While this price remained more or less the same for a large portion of the year, by December, it reached $0.98 per share.įollowing a rather slow first year, Nvidia reached the $1 mark on the very first day of 2000. One month later, in February of 1999, the stock was trading at a much lower $0.46 per share. At the time, the price of its stock was $12 per share. NVIDIA first started trading on January 22, 1999, when the company had its initial public offering (IPO). You can find this on platforms like Yahoo Finance. For this purpose, we have used readily available data on NVIDIA’s stock price over the years. This will give us a glimpse into the company itself and allow us to understand it better. Related: Crypto Vs Stocks: Which Is Better?īefore we can look at Nvidia’s possible price in the future, we will need to look at its history. Never the less, Nvidia is one of the best companies in the tech sector and our price prediction is highly optimistic. in recent times, but the deal, which was set to be the largest ever acquisition in the chip sector, fell through. It has a couple of major subsidiaries, namely, Nvidia Advanced Rendering Center and Mellanox Technologies. NVIDIA is currently headquartered in Santa Clara, California, and is run by Jensen Huang as President and CEO. More recently, NVIDIA has moved into the mobile computing market, where they produced Tegra mobile processors for smartphones and tablets as well as automotive infotainment and navigation systems. They are deployed in supercomputing sites around the world. In addition to GPU manufacturing, Nvidia provides parallel processing capabilities to researchers and scientists that allow them to efficiently run high-performance applications. Nvidia is now also a major supplier of auto infotainment systems, self-driving car components, and drones. Since 2014, Nvidia has shifted to become a platform company focused on four markets – Gaming, Professional Visualization, Data Centers, and Automotive. Nvidia expanded its presence in the gaming market with its handheld SHIELD Portable and SHIELD Tablet, which launched in 20, respectively.

Nvda stock prediction 2020