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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MARKHAM (CP) - Graphics chip maker ATI Technologies Inc. says its fourth-quarter profit almost tripled to $61.2 million US as revenue soared 50 per cent.
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ATI Technologies Inc. saw revenue for its fiscal fourth quarter jump 50% as the Canadian computer graphics chip maker inched closer to eclipsing chief rival Nvidia Corp.
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The clothing company reports a stellar fourth quarter.
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The San Francisco-based company said that it earned $267 million during its fiscal fourth quarter, which ended Nov. 25, up from $96 million at the same time in 2006.
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Nvidia is providing an interface to make it easier for software to 'borrow' compute horsepower from the graphics processor when the processor is not otherwise engaged.
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The leading electronics and entertainment retailer continues to produce strong results.
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(InfoWorld) - Nvidia, known for graphics processors designed for video gaming, is expanding into the market for high-performance computing processors. Nvidia on Wednesday introduced the Tesla line of processors, which it bills as making high-density parallel processing capabilities available in workstation computers. The Tesla GPU (graphics processing unit) features 128 parallel processors and delivers up to 518 gigaflops of parallel computation. A gigaflop refers to the processing of a billion floating point operations per second. Nvidia envisions the Tesla being used in high-performance computing environments such as geosciences, molecular biology, or medical diagnostics. Nvidia also will offer Tesla in a workstation, which it calls a Deskside Supercomputer, that includes two Tesla GPUs, attaches to a PC or workstation via a PCI-Express connection, and delivers up to 8 teraflops of processing power. A teraflop is the processing of a trillion floating point operations per second. A Tesla Computing Server puts eight Tesla GPUs with 1,000 parallel processors into a 1U server rack. The list price for the Tesla GPU would start at $1,499 and the deskside computer at $7,500. Both will be available beginning in August. Qualification samples of the Computing Server, with a list price of $12,000, will be available in September. The product will be fully available in the November-December time frame, Nvidia said. "Scientists will know how to use this and produce results," said Jen-Hsun Huang, president and CEO of Nvidia, at a preview event for journalists last month at the company's headquarters in Santa Clara, Calif. "They will be able to do simulations in days, not months, seconds, not minutes." A number of enterprises see promise in the new Nvidia processors, including Headwave, which analyzes geophysical and seismic data to discover underground oil deposits and is interested in the Tesla line. The oil exploration industry needs better tools to analyze data from its search efforts, said Steve Briggs, vice president of system integration for Headwave. "If it costs you $150 million to drill a hole, you don't want a dry hole," Briggs said at last month's event. The Tesla is the third major product line from Nvidia, whose GeForce GPUs deliver high-end graphics to entertainment products such as video game players. Its Quadro processor line enables computer-aided design in the creation of digital content, including 3-D graphics. It also released in February a beta version of software it calls CUDA (compute unified device architecture), which enables software code to be written to use a computer's GPU as well as the CPU for added processing power. A general availability of CUDA is expected in the second half of this year. The company is hosting an analysts' day Wednesday. One analyst, Doug Freedman of American Technology Research, still maintains a Neutral rating on Nvidia's stock but raised his forecast price target to $40 a share. "We believe the company continues to execute well," Freedman said in a note to investors. He thinks the threat from the acquisition of competitor ATI Technologies by Advanced Micro Devices "did not materialize." However, Nvidia may face a stronger competitive threat from Intel, if the rumors are true that Intel plans to enter the GPU market in 2008, he said. Intel didn't immediately respond to a request for comment about this matter.
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Nvidia Corp.  shares climbed  more than 8 percent on Wednesday amid speculation the graphics  chipmaker could be acquired by Intel Corp. , traders  said.
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Pfizer Inc , the world's biggest drugmaker, on Wednesday reported fourth-quarter results that beat expectations.
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The footwear and apparel maker set records for the fourth quarter and full year.
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In addition to what Nvidia has already said itself
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GeForce 8800 to power engineering apps Nvidia has made its pitch for the hearts, minds and wallets of scientists and engineers with its first line of graphics chips designed not for games but for high-level number crunching: the so-called GPGPU - General Purpose Graphics Processing Unit.â¦
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The consumer electronics retailer continues to produce strong results.
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Pfizer Inc , the world's  biggest drugmaker, on Wednesday reported fourth-quarter results  that beat expectations.
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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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Gilead announces its fourth-quarter financial results.