Nvidia Sees Strong Q3

Nvidia Corporation posted Q3 net profits of $838 million, up 55% from $542 million a year ago, on turnover which rose 32% to $2.64 billion from $2.0 billion. For the nine months there were profits of $1.93 billion, an increase on $1.01 billion, on revenue which went up to $6.8 billion from $4.74 billion. The results were better than expected and attributed to strong demand for the company’s graphic processing chips.