Nvidia does well by losing its PC addiction

Beat Wall Street’s expectations Graphics chip maker Nvidia reported earnings for its fourth fiscal quarter that surprised the cocaine nose jobs of Wall Street. While the results show that while the PC industry is still suffering, people are still buying rather a lot of Nvidia chips. Nvidia’s King Jen-Hsun Huang seems to have moved his kingdom out of trouble. The Santa Clara, California-based company reported non-GAAP earnings of 52 cents a share on revenue of $1.4 billion. Analysts had expected non-GAAP earnings of 32 cents a share on revenue of $1.31 billion. The results appeared to surprise Nvidia which had predicted revenue of $1.3 billion, plus or minus 2 percent. Nvidia’s graphics processing unit revenue was up 10 percent. Gaming revenue was up 25 percent from a year ago, thanks…


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