TSMC has delivered the highly-anticipated GeForce3 GPU, in addition to the key processors for the Xbox(TM) video game console, to NVIDIA Corporation (Nasdaq:NVDA - news) using the high-performance version of TSMC's 0.15-micron process (CL015LV). Several other customer products, using diverse 0.15-micron process variations, are also in volume production stage.
March 15, 2001 1:44pm
Nvidia jumps on Prudential upgrade
By Larry Barrett, ZDII
Nvidia shares rallied up $4.31, or 8 percent, to $61.38 Thursday after Prudential Securities analyst Hans Mosesmann upgraded the stock from a "hold" recommendation to a "strong buy" and set a 12-month price target of $80 a share.
Nvidia (Nasdaq: NVDA), which makes chipsets for accelerating 3D graphics, has consistently topped analysts' forecasts in recent quarters while other chipmakers have either fallen short of estimates or warned of disappointing sales ahead.
"Unlike the other 32 semiconductor companies we cover here, Nvidia will not be issuing an earnings warning this quarter," Mosesmann said. "In fact, we're convinced there's a good chance it could beat the numbers this quarter." |
