NEW YORK ( TheStreet) -- Nvidia (NVDA - Get Report) was a winner in premarket trading on Tuesday as investors responded to news that Apple (AAPL - Get Report) has revamped its MacBook Pro with the chipmaker's graphics technology.
Nvidia shares rose 0.73% to $12.35 before market open.
On Monday, UBS also upgraded Nvidia to buy from hold, citing a positive risk-reward and an emerging lead role for the company in the push to deploy Microsoft (MSFT) Windows on ARM's (ARMH) chip technology.
Shares of Apple, which kicked off its Worldwide Developers' Conference (WWDC) in San Francisco on Monday, crept up 0.36% to $573.24 before market open.Apple was also one of the most active Nasdaq stocks in premarket trading on share volume of 93,815. Texas Instruments' (TXN - Get Report) stock rose 0.25% to $27.72 in premarket trading after the chip specialist raised the low end of its guidance late on Monday. --Written by James Rogers in New York. Follow @jamesjrogers >To submit a news tip, send an email to: email@example.com. Check out our new tech blog, Tech Trends. Follow TheStreet Tech on your wireless devices.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts