NVIDIA Corporation (NASDAQ:NVDA) Leverages Focused Investment In Building Most Advanced …

Chief Executive of NVIDIA Corporation (NASDAQ:NVDA) [Detail Analytic Report], Jen-Hsun Huang stated in fourth quarter conference call that they had another record fourth quarter, capping a record year. NVIDIA Corporation declared its fourth quarter profit of $207 million, or 35 cents a share. The fourth quarter results beat Wall Street estimates. Huang added their strategy is to create specialized accelerated computing platforms for large growth markets that demand the 10x boost in performance they offer. Each platform leverages their focused investment in building the most advanced GPU technology in the world. NVIDIA Corporation declared its fourth quarter revenue of $1.4 billion, topping the average FactSet estimate of $1.31 billion. Nvidia announced that results were strong across its gaming, professional visualization, datacenter and automotive businesses. Huang stated that they are especially…


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