Nvidia posts $107m profit in Q3
Despite falling behind in both sales and technology to arch rival AMD, Nvidia managed to turn a solid $107 million profit in Q3, on revenues of $903.2 million, mostly fueled by the mobile and laptop sector. Compared to last year, that’s an increase of 16%, and from the previous year by 18%. The company said that it expects revenues in Q4 to be up 2% from previous year.
The company is set to release their brand new graphics card and technology later this year, called Fermi.
Tags: NVIDIA