Shares of NVIDIA Corporation (NASDAQ:NVDA) traded at a new 52-week high today of $327.60. So far today approximately 7.7 million shares have been exchanged, as compared to an average 30-day volume of 33.9 million shares.
Nvidia is the leading designer of graphics processing units that enhance the experience on computing platforms. The firm’s chips are used in a variety of end markets, including high-end PCs for gaming, data centers, and automotive infotainment systems. In recent years, the firm has broadened its focus from traditional PC graphics applications such as gaming to more complex and favorable opportunities, including artificial intelligence and autonomous driving, which leverage the high-performance capabilities of the firm’s graphics processing units.
In the past 52 weeks, NVIDIA Corporation share prices are bracketed by a low of $115.67 and a high of $327.60 and is now at $318.94, 176% above that low price.
NVIDIA Corporation (NASDAQ:NVDA) defies analysts with a current price ($318.94) 43.4% above its average consensus price target of $180.44.
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