Nvidia Profits Double
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August 10th, 2007
Nvidia, the leading graphics card maker in the world, has reported profits of $172 million in Q2, double that of 2006, with revenues reaching $935 million. Most of the profits are due to great sales of their GeForce branded graphics cards, plus the millions of RSX chips Nvidia provides for Sony’s PlayStation 3. The Taiwanese company has also announced plans of a “three-for-two” stock split, where owners of two Nvidia stocks get a third one for free.
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