NVIDIA upgraded to Outperform from Market Perform at JMP Securities JMP Securities upgraded NVIDIA to Outperform with a $26 price target on expectations the company's growth and gross margins are stabilizing while earnings upside potential exists in the coming quarters.
Nvidia to release $199 video game console in May, CNet says Nvidia (NVDA) is developing a video game console called "Shield," reports CNet, citing a company presentation at the Game Developer's Conference. The console will include Google (GOOG) Android software to allow content streaming from Android smartphone and tablets, and will also include Nvidia's Grid service to allow streaming of videogames directly to the console. Nvidia plans a May launch for the console in the U.S., with pricing set at $199. Reference Link