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Nvidia reports record results, again

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Posted February 15, 2008 by admin in Industry

Fiscal 2008 was another outstanding and record year for us. Strong demand for GPUs in all market segments drove our growth. Relative to Q4 one year ago, our discrete GPU business grew 80%. Our growth reflects the ever-increasing use of rich graphics in applications from Google Earth to Apple iTunes to online virtual worlds,” said Jen-Hsun Huang, president and CEO of NVIDIA. Mr. Huang continued: “This is the era of visual computing. The richness of the graphics is increasingly central to our computing experience. And at the core of that experience is the GPU, the processor that defines the modern PC.

Nvidia’s previous quarterly results cited a revenue of $1.12 billion, and a net income of $235.7 million.



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