NVIDIA

Nvidia shares fall on lower-than-expected quarterly revenue

Nvidia shares fall on lower-than-expected quarterly revenue

Stock price of Nvidia Corporation slipped on Thursday after the chip maker, its data center and automotive businesses missed quarterly revenue estimates of market analysts.

Revenue from the company’s data center business more than doubled to settle $416 million but it missed estimates analysts’ forecast of $423.3 million.

Automotive business revenue jumped 19.3 per cent to $142 million, but it also missed analysts’ average expectation of $146.2 million.

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NVIDIA’s gaming-oriented revenue recorded 21% compounded annual growth rate in 5 years

NVIDIA’s gaming-oriented revenue recorded 21% compounded annual growth rate in 5

During the course of its latest conference call with analysts, chip giant NVIDIA showed a slide which put the spotlight on some noteworthy financial metrics for the company's gaming-oriented processor business.

According to the indications from the slide shown by NVIDIA at its analyst day in April, a 21 percent compounded annual growth rate has been recorded by the company's gaming-centric revenue in the last five-year period.

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Google and NVIDIA Announce Partnership to Install Android OS in Cars

Google and NVIDIA Announce Partnership to Install Android OS in Cars this year

On Monday, Google and computer chip maker NVIDIA declared a joint venture to install the Android operating system on cars in 2014. The first Android-equipped vehicles are promised to reach consumers later this year.

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