Jump to content
  • entries
    181,024
  • comments
    31
  • views
    415,735

l_153198_023151_updates.jpg
153198_5370930_updates.jpg

Nvidia Corp reported a 56 percent jump in quarterly revenue on Thursday, helped by strong demand for its chips used in data centers and gaming devices such as Nintendo Co Ltd's Switch.

The company's net income more-than-doubled to $583 million, or 92 cents per share, in the second quarter ended July 30, from $261 million, or 41 cents per share, a year earlier.

The Santa Clara, California-based company's revenue rose for the fifteenth consecutive quarter to $2.23 billion from $1.43 billion.

Nvidia, which has been diversifying into newer technologies including self-driving cars and artificial intelligence, originally came into prominence in the gaming industry for designing graphics processing chips, that are also used for cryptocurrency mining.



0 Comments


Recommended Comments

There are no comments to display.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.