Raymond James Maintains Strong Buy Rating For NVIDIA Corporation (NVDA)

Analyst Hans Mosesmann at Raymond James has released an update on NVDIA Corporation (NASDAQ: NVDA). The company hosted its Analyst Day on Wednesday.

The key takeaway from the Analyst Day, according to Raymond James is that the growth in 2010 will be from two core areas and two new areas for the company, which include GEForce graphics processing units product, which will be driven by the new Fermi chip, Optimus, Quadro, which will be driven by Adobe CS5, Tesla, which will be driven by Fermi in general-purpose computing on graphics processing unit applications and Tebra mobile, which will be driven by wins in tablets, consumer/communication, and auto.

Raymond James has maintained its Strong Buy rating for NVIDIA Corporation.