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Friday, 11 May 2007 10:03

Nvidia cashes in

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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 Friday, 11 May 2007 10:04
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