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NVIDIA CORPORATION

(NVDA)
  Report
Delayed Nasdaq  -  04:00 2022-09-23 pm EDT
125.16 USD   -0.36%
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Nvidia, Companies to Collaborate on Evolving 3D Tech Beyond Visual Effects

08/09/2022 | 01:11pm EDT

By Denny Jacob


Nvidia Corp. on Tuesday said it is collaborating with a fleet of companies to evolve 3D technology beyond visual effects to become a foundation of the metaverse and 3D internet.

The graphics-chip maker said it is working with Walt Disney Co.'s Pixar Animation Studios, Adobe Inc., Autodesk Inc. and others to pursue a multi-year roadmap to expand universal scene description, a high-performance extensible software platform for constructing animated 3D scenes invented by Pixar, capabilities beyond visual effects. Nvidia said expanding its capabilities would enable it to better support industrial metaverse applications in architecture, engineering, robotics and more.

Nvidia said at a special address that plans to evolve universal scene description will include international support. To accelerate development and adoption of the software platform, the company also said it developed an open suite that developers can use for tests.

"Beyond media and entertainment, USD will give 3D artists, designers, developers and others the ability to work collaboratively across diverse workflows and applications as they build virtual worlds," said Rev Lebaredian, vice president of Omniverse and simulation technology at NVIDIA.


Write to Denny Jacob at denny.jacob@wsj.com


(END) Dow Jones Newswires

08-09-22 1310ET

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ADOBE INC. -0.87% 284.56 Delayed Quote.-49.38%
AUTODESK, INC. -1.38% 184.56 Delayed Quote.-34.36%
FLOKI INU (FLOKI/USD) 0.00%End-of-day quote.0.00%
NVIDIA CORPORATION -0.36% 125.16 Delayed Quote.-57.44%
WALT DISNEY COMPANY (THE) -2.60% 99.5 Delayed Quote.-34.04%
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Analyst Recommendations on NVIDIA CORPORATION
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Financials (USD)
Sales 2023 27 106 M - -
Net income 2023 4 694 M - -
Net cash 2023 9 365 M - -
P/E ratio 2023 69,1x
Yield 2023 0,13%
Capitalization 312 B 312 B -
EV / Sales 2023 11,1x
EV / Sales 2024 9,51x
Nbr of Employees 22 473
Free-Float 95,9%
Chart NVIDIA CORPORATION
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Technical analysis trends NVIDIA CORPORATION
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Mean consensus BUY
Number of Analysts 45
Last Close Price 125,16 $
Average target price 206,10 $
Spread / Average Target 64,7%
EPS Revisions
Managers and Directors
Jen Hsun Huang President, Chief Executive Officer & Director
Colette M. Kress Chief Financial Officer & Executive Vice President
William James Dally Chief Scientist & Senior Vice President-Research
Tony Tamasi Senior Vice President-Content & Technology
Debora Shoquist Executive Vice President-Operations
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