What Is Nvidia's New $1 Trillion Superproject?

While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.

10x Genomics, Inc
NASDAQ:TXG
$18.89
Open 18.93 Prev Close 18.87
High 19.32 Low 18.53
Volume 1,737,573 Volume (Avg) 1,623,039
52 Week High 201.70 52 Week Low 48.78
Market Cap 18.7B PE Ratio -7.43

General

Name10x Genomics, Inc
TickerTXG
ExchangeNASDAQ
SectorHealthcare
IndustryHealth Information Services
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees852

About 10x Genomics, Inc

10x Genomics, Inc., a life science technology company, develops and sells instruments, consumables, and software for analyzing biological systems in North America, Europe, the Middle East, Africa, China, and the Asia Pacific. The company provides chromium and chromium connect instruments, microfluidic chips, slides, reagents, and other consumables products. Its single cell solutions runs on its chromium instruments, which include single cell gene expression for measuring gene activity on a cell-by-cell basis; single cell immune profiling for measuring the activity of immune cells and their targets; single cell ATAC for measuring epigenetics comprising the physical organization of DNA; and single cell multiome ATAC + gene expression for measuring the genetic activity and epigenetic programming in the same cells across tens of thousands of cells in a single experiment. The company also provides visium spatial gene expression solution for measuring spatial gene expression patterns across a single tissue sample or gene expression and protein co-detection when combined with immunofluorescence. It serves various academic, government, biopharmaceutical, biotechnology, and other institutions. The company was formerly known as 10X Technologies, Inc. and changed its name to 10x Genomics, Inc. in November 2014. 10x Genomics, Inc. was incorporated in 2012 and is headquartered in Pleasanton, California.

Highlights

Analyst Target209.57
Market Cap18,692,466,688
PE Ratio-7.43
EBITDA10,146,000

Valuation

Price/Sales (Trailing 12 Mt.)54.16
Price/Book (Most Recent Quarter)23.55

Technicals

52 Week High201.70
52 Week Low48.78
50 Day Average174.87
200 Day Average151.18

Earnings

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