Technology
Nvidia share price recovering ahead of upcoming Q1 earnings – IG Bank
With Nvidia’s share price having fallen 12% from its all-time high in April, can its upcoming Q1 results provide a boost in sentiments?
Investors may be on watch for updates on its ARM acquisition, having faced resistance from several major technology companies and regulators. One may not expect a quick resolve of the situation, potentially dragging into 2022.
A successful combination of both companies will see further push into larger-end markets, namely in mobile and PCs, posing strong competition for Intel and AMD. Nvidia may also take control of ARMs IP licensing portfolio, which gives it the upper hand in providing ARMs designs…
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