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Re: Scotttrader80 post# 2853

Saturday, 05/12/2018 12:02:43 PM

Saturday, May 12, 2018 12:02:43 PM

Post# of 9331

Nintendo (NTDOY) Switch helpsPOWER nVidia (NVDA):
https://mynintendonews.com/2018/05/11/nvidia-has-given-credit-to-the-switch-for-helping-the-company-have-a-strong-quarter-with-growth-across-every-platform/

I LOVE my stock picks, calls & puts!!


NVIDIA Has Given Credit To The Switch For Helping The Company Have “A Strong Quarter With Growth Across Every Platform”

May 11, 2018

NVIDIA Has Given Credit To The Switch For Helping The Company Have “A Strong Quarter With Growth Across Every Platform”
NVIDIA recently reported their quarterly revenue, which was “$3.21 billion for the three-month period that ended March 31st, 2018”. According to VentureBeat, this is “up 66% year-over-year from $1.94 billion”. The company had loads of success, and NVIDIA chief executive officer Jensen Huang explained why. Multiple things contributed to NVIDIA’s good fortunes, including the Nintendo Switch.

Huang said that “we had a strong quarter with growth across every platform. Gaming GPU growth was fueled by demand for the best experience while playing esports, momentum of the battle royale genre, and triple-A cinematic games. Tegra Processor business revenue — which includes SOC modules for the Nintendo Switch gaming console — was $442 million, up 33 percent from a year ago and down 2 percent sequentially.”




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