Published in Graphics

Nvidia cashes in

by on11 May 2007

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Profit jumps

Nvidia says that its first-quarter profit jumped 44 percent thanks to increased sales to laptop-computer makers.

The companies net income in the quarter ended April 29 rose to $132.3 million from $92.1 million in the same time last year.

Sales gained 24 percent to $844.3 million which was better than analysts' expected. Analysts say that since its chief rival ATI was bought by AMD, it has had the market more or less to itself.

More here.
Last modified on 11 May 2007
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