Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday November 10, 2012

Nvidia Posts a 17 Percent Increase in Profits

Third Quarter revenue reports are in and Nvidia is riding the crest of the wave atop its Kepler GPUs. As much as Nvidia’s President and CEO would like everyone to think the upswing is solely attributed to the Kepler, most analysts credit branching into new market areas for the overall rise in profits.

Now the company is reaping the rewards with third quarter revenue increasing by 12.9 percent to $1.2bn while profits increased by 17.3 percent to $209.1m.