Nvidia lauds record-breaking fourth quarter
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Revenues, income rocket Nvidia last night reported a record quarterly revenenue when it posted the results of Q4 FY2007. The quarter, which ended on 28 January, saw sales rise to $878.9m, up 39 per cent on the year-ago quarter and seven per cent on the previous three-month period.â¦
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ATI Technologies Inc., the world&#39;s No. 2 maker of computer-graphics chips, said fourth-quarter profit more than doubled on surging demand for components used in digital televisions and mobile phones with color screens.
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The results surpassed Wall Street's expectations in both sales and profit, with fourth-quarter earnings reaching $3 billion for the first time in the company's history.
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AnandTech have thrown up their Performance Preview for Nvidia&#39;s nForce4 SLI MCPs using a pair of GeForce 6800GTs and 6600GTs! Here&#39;s a snip.
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Nvidia Corp. NVDA.O shares climbed   more than 8 percent on Wednesday amid speculation the graphics   chipmaker could be acquired by Intel Corp. INTC.O, traders   said.
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Nvidia (nasdaq: NVDA - news - people ) announced third-quarter earnings above Wall Street estimates. The graphics chip maker reported quarterly earnings of 15 cents per diluted share and revenue of $515.
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Record revenue growth across all of Hewlett-Packard Co.&#39;s business units, particularly in its consumer electronics division, helped generate strong fourth-quarter earnings for the computer giant.
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(InfoWorld) - Graphics chip maker Nvidia found some irregularities in past stock-based compensation practices during an internal probe, and took a total of $127 million in non-cash charges over associated expenses, the company said Wednesday. The figure fell within theÂ $150 million chargeÂ Nvidia said it might have to take. The company also amended financial results for its fiscal year 2006 and the first two quarters of 2007 as a result of the internal probe. The non-cash charge and amendments to previous financial statements ends its internal probe, but an inquiry by the Securities and Exchange Commission (SEC) remains ongoing, Nvidia said. The restated earnings reports did not have a material impact on Nvidia's operating results, it said. The company plans to cooperate fully with the SEC. A number of technology companies have launched reviews over stock-based compensation to employees, finding instances in which stock options have been dated back to a time when the stock had hit a low. The practice is unfair to shareholders and was made almost impossible to legally execute by Sarbanes-Oxley, and for good reason. Stock options were designed as a way for employees to share in the success of the company and give them an added incentive. But by back-dating the options, employees -- often executives -- were essentially given shares that were already valuable. So far, stock options probes, carried out either by companies themselves or by the SEC, have affected over 160 companies.Â Investigations at memory chip developer RambusÂ andÂ security software vendor McAfeeÂ  have led to the resignation or firing of top executives.Â Apple ComputerÂ could be kicked off the Nasdaq by Dec. 29 if it fails to submit its SEC Form 10-Q for the quarter ended 1 July 2006, and any required restatements linked to its stock options probe by that time. Other companies have faced shareholder lawsuits over the issue.
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Intel Corp.'s fourth-quarter sales are on track to break a company record as demand for the chips that power computers was stronger than originally expected in the weeks leading up to the holiday buying season.
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Oil services firm reports record profits but hints the fourth quarter won't be as rosy
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Standard &amp; Poor&#39;s Equity Research raised the price target on Nvidia (nasdaq: NVDA - news - people ) after the company announced it was jointly developing a custom graphics processing unit with Sony (nyse: SNE - news - people ).
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SANTA CLARA, Calif. -- The National Semiconductor Corp. said Thursday profit for its latest quarter surged nearly fourfold amid a 29 percent jump in revenue.
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PCI Express allows Nvidia to tap into system memory to save expensive on-board graphics memory and achieve high performance at the same time.
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MEXICO CITY - Stocks rose to a record high close Friday in a shortened session, as investors continued a four-month rally that has been fueled by expectations of economic growth and hefty corporate earnings.
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&quot;Nvidia&#39;s nForce chipset will extend its reach beyond the currently supported platforms of AMD&#39;s Athlon 64 FX, Athlon 64, and Sempron processors.
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Having failed to file its quarterly 10-Q statement for its last fiscal quarter within the designated window of time, GPU producer nVidia yesterday acknowledged it had received a letter from the NASDAQ stock exchange, probably warning the company it faced possible de-listing.
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Thanks to PC and consumer product sales, Ontario, Canadaâs ATI Technologies Inc. today announced its second consecutive quarter with record revenues.