Nvidia expects third-quarter revenue to exceed analyst expectations

Sina Science and technology news Beijing time August 12 morning, the Nvidia issued a Thursday announcement that the company expected third-quarter revenue growth of 4% to 6%, which means sales up to 1.08 billion U.S. dollars, more than the analyst 1.05 billion U.S. dollar average expectations.　　Spurred by the news, Nvidia's shares rose 21% per cent in intraday trading today. Dean McCarron, a market research firm Mercury Study analyst Dian Mccarren, said that in the so-called independent graphics (discrete graphics chip) market, Nvidia gained a greater share of the competition with AMD.　　In addition, Nvidia began to win more Tegra processor orders from handset makers. Patrick Wang, an analyst at US investment bank Evercore, said: "In the last one months of the last quarter, there have been many changes in the market." Nvidia is proactive in selling independent graphics cards for desktop systems.　　"Patrick Wang gave the nvidia stock" reduction "(underweight) rating. Nvidia said in Wednesday that Samsung's next-generation Galaxy R smartphone would use the Tegra 2 processor, the first time Samsung launched a mobile phone with the Nvidia processor. After the announcement in Thursday, Nvidia's shares were closed at $16.23 trillion after trading, up 2.82 dollars, and the unit has fallen 13% per cent since this year. (Xuan Chen)