(Reuters Financial) On Thursday Nvidia reported a smaller profit and lower revenue for its fiscal first quarter but forecast that revenue would grow 12 percent to 18 percent in the current quarter. It also said it would introduce its new high-end graphics processor, code-named "NV35," next week. The chip is expected to allow Nvidia to regain the high-performance crown in the graphics market from ATI Technologies Inc. Nvidia shares were up $3.41, or 21 percent, at $19.47 in heavy morning trade on the Nasdaq stock market.
Article Link: Reuters News Story
