Nvidia reports first quarter earnings

Nvidia Corporation released their fiscal first quarter results ending April 29. The company announced that net income rose 41 percent and sales rose 62 percent. “The first quarter of fiscal 2002 represents the beginning of our next growth phase,” stated Jen-Hsun Huang, president and CEO of Nvidia. “We have successfully extended our graphics franchise into the mobile and Apple markets, while strengthening our position in our core desktop PC and workstation markets.” Read More