Nvidia soars



Revenue was up 31.5% y-o-y and profit was up 54.6%.

Q4 revenue is forecast at $2.65 billion plus or minus 2%

“We’ve been steadfast with the excitement of accelerated computing for datacentres. And I think this is just the beginning of it all,” says CEO Jen Hsun Huang, adding “gaming is one of the fastest-growing entertainment industries and we’re well-positioned for the holidays,”

Gaming revenues were $1.56 billion, datacentre revenues were $506 billion and automotive revenues were $144 million.

Nvidia’s shares are up 92% on the year making it the third best performer in the SOX.


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