Nvidia posts solid Q3 results

November 9, 2012, 01:00 PM


Nvidia posted solid financial results for its fiscal third quarter ended October 28, helped by the growing demand for Tegra chips in smartphones and tablets as well as a successful rollout of its Kepler-based graphics lineup for PCs. Net income during the period rose to USD209.1 million, up from USD178.3 million a year earlier, on record revenue of USD1.2 billion. That represents a 12.9% jump in revenue over last year and a 15.3% jump over the last quarter.


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