SAN FRANCISCO Nov 8 Nvidia's third-quarter revenue met expectations as the graphics chipmaker pushed further into a growing tablet market to offset weak PC demand.
The company also said it was initiating a quarterly dividend of 7.5 cents a share.
The Santa Clara, California, chipmaker reported third-quarter revenue of $1.204 billion, up from $1.066 billion in the year-ago quarter.
Analysts were expecting revenue of $1.193 billion for the quarter ending in October, according to Thomson Reuters I/B/E/S.
Third-quarter net income was $209 million, or 33 cents a share, up from $178 million, or 29 cents a share in the same quarter last year.
AT&T reaches deal to buy Time Warner for more than $80 billion -WSJ
Oct 22 AT&T Inc reached a deal to buy media company Time Warner Inc for more than $80 billion, The Wall Street Journal reported on Saturday.
Trump vows to weaken U.S. media 'power structure' if elected
GETTSYBURG, Pa. , Oct 22 U.S. Republican presidential candidate Donald Trump promised on Saturday to foil a proposed deal for AT&T Inc to buy Time Warner Inc if he wins the Nov. 8 election, arguing it was an example of a "power structure" rigged against both him and voters.