From CNET: Nvidia posted another quarter of better-than-expected results on Wednesday, as gamers hungry for sharper visuals drove up demand for its computer graphics chips.
However, the company's Tegra mobile-chip business reported a drop in revenue, due in part to the chip being in fewer new smartphones and tablets, offsetting a rise in sales of the chip for car entertainment and navigation displays.
Shares jumped 5 percent after in after-hours trading Wednesday, to $21.76, thanks in part to current-quarter guidance coming in slightly ahead of Wall Street expectations.
Building on its strength in gaming, CEO Jen-Hsun Huang sent out invitations to media this week, saying his company will be making an announcement on March 3 during the Game Developers Conference in San Francisco that "redefines the future of gaming."
View: Article @ Source Site
