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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
Nov 20, 2017 | 14:35 EDT
Google Cloud (GOOGL) announced in a blog post that it is cutting the price of NVIDIA (NVDA) Tesla GPUs attached to on-demand Google Compute Engine virtual machines by up to 36%. In US regions, each K80 GPU attached to a VM is priced at $0.45 per hour while each P100 costs $1.46 per hour. "As an added bonus, we're also lowering the price of preemptible Local SSDs by almost 40% compared to on-demand Local SSDs. In the US this means $0.048 per GB-month. We hope that the price reduction on NVIDIA Tesla GPUs and preemptible Local SSDs unlocks new opportunities and helps you solve more interesting business, engineering and scientific problems," Google's post added. Other cloud computing services providers that compete with Google include Amazon Web Services (AMZN) and Microsoft (MSFT). Reference Link
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