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Fly News Breaks for May 19, 2017
May 19, 2017 | 09:12 EDT
As noted earlier, Bernstein started coverage of Nvidia with a $165 price target and an Outperform rating. The analyst thinks that the stock can rise further, driven by a large datacenter total available market, significant automotive growth, and sustainable gaming growth.
News For NVDA From the Last 2 Days
Jul 24, 2017 | 08:22 EDT
Taiwan Semiconductor Manufacturing Company (TSM) is expecting to launch its first-ever expansion of its Chip on Wafer on Substrate packaging and testing capacity in an effort to meet additional demand from Nvidia (NVDA) and Google (GOOG, GOOGL) for AI chips, DigiTimes reports, citing industry sources. The capacity expansion will take place at the firm's third IC packaging and testing plant in Longtan Science Park in Taoyuan City, northern Taiwan. Reference Link
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