May 6 Nvidia Corp, a maker of graphics
chips, estimated quarterly results well above analysts'
expectations, as demand grows for gaming components in personal
Nvidia said it expected a net income of $136.5 million, or
24 cents per share, and revenue of $1.10 billion for the first
quarter ended March.
The company reported a profit of $77.9 million, or 13 cents
per share, a year earlier.
Nvidia, which is also looking to tap the market for mobile
devices such as smartphones and tablets, said it expected to
earn 29 cents per share, excluding items.
Analysts on average were expecting earnings of 17 cents per
share on revenue of $1.06 billion, according to Thomson Reuters
(Reporting by Lehar Maan in Bangalore; Editing by Kirti Pandey)