While Nvidia's stock has done well over the years, any individual stock can over- or underperform and past returns do not predict future results.ĬNBC: Nvidia stock as of August 16, 2019. Gaming, the company's biggest segment, posted revenue of $1.31 billion, down 27% from a year earlier but just above estimates of $1.30 billion.

Revenue landed at $2.58 billion, versus the predicted $2.54. Nvidia is in the middle of getting back to normal after channel-inventory issues emerged last year, and now, ahead of the back-to-school season, the company's chief financial officer, Colette Kress, told analysts on its earnings call Thursday to expect Nvidia's key gaming business 'to grow to reach that full normalization' by the end of the current quarter.įor its fiscal second quarter, Nvidia reported earnings of $1.24 per share, versus $1.15 expected by analysts. Since launching in 1993, the tech company which specializes in manufacturing high-end graphics processors, has become a huge player within the gaming and artificial intelligence (AI) industries. By comparison, a $1,000 investment in the S&P 500 would have earned a total return of around 250% over the same period. 16, 2019, for a total return of nearly 1,200%, according to CNBC calculations. A $1,000 investment in 2009 would be worth almost $13,000 as of Aug.

If you invested in Nvidia (NVDA) 10 years ago ago, you would end up with a healthy profit.

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