Nvidia shares are joining Yahoo shares today as strong US stock gainers. While Yahoo is trading 5% up following the departure of its CEO, Nvidia is trading up 11% on the back of a strong 2013 forecast.
The graphical chip maker forecast solid growth across both its graphics and mobile processing business. It has forecast 2013 sales of in the region of $5bn which far surpasses analysts expectations of $4.45bn.
Understandably, the forecast was met with concern from some analysts.