Massive demand from gamers drives record revenue for Nvidia
Massive demand from gamers drives record revenue for Nvidia SHARE Nvidia Corp. breezed past Wall Street’s expectations yet again today as it delivered fiscal first-quarter financial results that showed enormous growth in its gaming and data center sales. The company reported a profit of $3.66 per share on revenue of $5.66 billion in the quarter, up 84% from a year ago. That was some way ahead of Wall Street’s forecast of $3.28 per share in profit on revenue of $5.41 billion. Net income for the quarter came to $1.91 billion, or $3.03 per share. Nvidia Chief Exec...
Source: siliconangle.com