On Monday, NVIDIA (NVDA.US) surged nearly 2% during trading, reaching $181.28. The company officially launched its Jetson AGX Thor developer kit and production modules, a computing platform specifically designed for robotics applications, which are now fully available in the market.
The new Jetson AGX Thor developer kit starts at $3,499 and is now available for sale to global customers, including those in China.
NVIDIA has drawn significant attention this week as Wedbush indicated that recent surveys show a 10:1 supply-to-demand ratio for the company's chips ahead of its earnings report scheduled for August 27. Wedbush analysts wrote in a client report: "When NVIDIA reports earnings after the close on Wednesday, the tech world and Wall Street will hang on every word from Jensen Huang - based on our boots-on-the-ground checks in Asia, we continue to believe the supply/demand for NVIDIA's golden chips remains at a 10:1 ratio."
Analysts generally expect NVIDIA to report earnings per share of $1.01 and revenue of $46 billion.
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