Shares of Nvidia increased 3.05% to $16.22. The graphics computing company signed a patent licensing agreement with technology licensing company Rambus on Wednesday. Both companies settled all of their outstanding claims including prior usage or Rambus' patented items. Nvidia's stock reached a 52-week high of $26.01 on Feb. 17, 2011. The stock's 52-week low of $11.47 was set on Oct. 4, 2011. Nvidia has a forward P/E of 15.35; the average among semiconductor companies is 17.26. For comparison, Applied Materials ( AMAT) and Analog Devices ( ADI) both have lower forward P/Es of 10.98 and 14.71, respectively. Of the 34 analysts who cover Nvidia, 19 rated it a hold. Thirteen analysts gave the stock a buy rating and two considered it a sell. TheStreet Ratings gives Nvidia a B- grade with a buy rating and $20.02price target. The stock has risen 16.96% year to date.