Nvidia reports record quarterly revenue of .4 billion

Nvidia has published a barnstorming set of quarterly and final year results. In its Financial Results for the Fourth Quarter and Fiscal 2016 the graphics chip specialist reported better than expected revenue, with growth across all its markets and especially strong demand in sales of GeForce GPUs. Needless to say stock market investors are impressed and Nvidia’s share price has soared as high as 8 per cent in afterhours trading – following up on a good pre-results day when its shares rose 2.5 per cent. Highlights of Nvidia’s financials are as follows: Record quarterly revenue of $1.40 billion, up 12 percent from a year earlier Record full-year revenue of $5.01 billion, up 7 percent from fiscal 2015 Growth across all market platforms – Gaming, Professional Visualization, Datacenter, Automotive Sharply growing…


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