Winning Stock Forecast: NVIDIA (NASDAQ: NVDA) Stock Returns 35.35% In 3 Months
Last Year Problems
Nvidia shares had fallen significantly since September 2018. In August, Nvidia excluded the video card for mining from the company’s priorities, citing the negative dynamics of the cryptocurrency market and the decline in demand for graphics processors. Another reason of such decline was poor sales of graphics adapters based on the Turing and Volta architecture. They were too expensive for consumers, while game developers were not hurried to reveal the potential of new products.
3DMark Port Royal
Despite the poor sales of new GPUs and video cards for mining, the company continues to release new products