Has anyone ever heard of Nvidia? Computer legs and games, must have heard. At the very least, anyone who uses a laptop must have seen this Nvidia logo.
But did you know the shares of this Nvidia company are listed on the US stock market? Let's take a look at some interesting facts about Nvidia Corporation.
1. Nvidia Corporation (NVDA) Background
Nvidia Corporation (NVDA) is a company that is in the computer hardware industry. The company's focus is on the production of graphics processing units (GPUs) and also artificial intelligence (AI).
The company operates through two different segments namely the GPU segment and the Tegra Processor segment (smartphone chips, tablets and video game consoles).
Nvidia still remains the king of graphics, but AMD, Intel and Apple are catching up closely.
2. Latest News About NVIDIA
Among the latest news about NVDIA, NVIDIA's Artificial Intelligence (AI) products are seen to receive positive response from various world -famous brands.
NVIDIA has also produced a new product called the NVIDIA EGX that helps improve the efficiency of the computing process.
NVIDA is also currently working with Python software with its latest product NVIDIA CUBA which is used to improve the quality of use of Python software itself.
3. ARM Ownership Suspended By China
NVIDIA has previously stated its intention to take over the ARM company worth USD40 billion. However, NVIDIA's intention had to be postponed because the regulator in China has not yet started the evaluation of ARM's sales from Softbank to NVIDIA.
4. Strong Company Turnover
The company does not seem to be impressed with the Covid-19 pandemic that has hit the world. This can be seen in terms of revenue which has recorded consistent revenue for four consecutive quarters.
The company's net income was also seen to increase for the current quarter compared to the previous quarter. This indicates that the company's business continues to grow despite the current uncertain economic situation.
5. Good Liquidity Rate
NVIDIA’s overall assets have increased consistently, the company’s total liabilities have also increased but not dramatically.
NVIDA has a good liquidity rate of 4 times the Quick Ratio ratio as well as the Current Ratio.
6. Pay Dividends More Than Once In A Year
NVIDIA is a company that pays dividends to its investors. Although the dividends offered are relatively low, investors will receive dividends more than once a year.
7. Increased More Than 100% A Year
NVIDIA’s share price increased 124.44% throughout 2021. The price of this share on January 4, 2021 was only around USD131.04 and at the time of this writing, the price of this share has risen to USD294.11 per unit.
If the investor keeps these shares from the beginning of the year until the end of 2021, then the investor will receive a return in excess of 100%.
8. NVIDIA Shariah Compliant Status
As of this writing, based on screening using Islamicly applications, NVIDIA’s stock is sharia -compliant. So let us buy this stock without hesitation.
The company's fundamentals are already powerful, but use the knowledge of Technical Analysis to determine the best time to buy NVIDIA shares.
9. NVIDIA Creates Share Split
On July 20, 2021, NVIDIA has made a share split with a 4: 1 ratio to their investors. With this split NVIDIA's stock price became cheaper to own.
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