NVIDIA (NVDA) Files Mixed Securities Shelf
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S&P Upgrades NVIDIA (NVDA) to 'BBB-'; Outlook is Positive
September 7, 2016 10:49 AM EDTS&P Global Ratings said it has raised its ratings on Nvidia Corp. (Nasdaq: NVDA), including the corporate credit rating to 'BBB-' from 'BB+'. The rating outlook is positive.
Our upgrade of Nvidia reflects the company's success in maintaining a significant technological advantage in graphics processing unit (GPU) design and its track record of double-digit revenue growth from both core gaming end markets and adjacent applications in data center acceleration and automotive infotainment platforms. We believe Nvidia's investments in both silicon architecture as well as the software tools used to write code for... More
