Monday, May 16, 2011

The Tegra 2 boosted revenues NVIDIA

NVIDIA has released its results for the first quarter of its fiscal year 2012, a period that ended last May 1. Its turnover reached $ 962 million, an increase of 8.4% from the previous quarter but a slight decrease of 4% over last year. Earnings reached for his $ 135.2 million, or 0.22 dollars per share.

Revenues generated by the department "GPU" grew by 3.8%, while the branches and Tesla MCP significantly decreased. The job market is relatively stable, while the consumer market has surged, reaching $ 122.6 million in revenues, largely due to two Tegra chips found in many smartphones and tablets.

For the current quarter, NVIDIA hopes to see its revenues grow by 4 to 6%, again thanks to sales of Tegra chip 2.

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