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wstera2

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Re: Paul A post# 105934

Thursday, 05/08/2003 6:06:51 PM

Thursday, May 08, 2003 6:06:51 PM

Post# of 704019
Reuters
Nvidia sees revenue up, new chip next week
Thursday May 8, 5:26 pm ET


LOS ANGELES, May 8 (Reuters) - Graphics chip designer Nvidia Corp. (NasdaqNM:NVDA - News) plans to launch its new high-end graphics chip next week, and it sees revenue rising this quarter, the company said on Thursday.
On a conference call to discuss the company's fiscal first-quarter results, Nvidia Chief Financial Officer Marv Burkett said the company expects revenue to rise 12 percent to 18 percent in the second quarter, though gross margins may dip 1 percent to 2 percent.

Chief Executive Jen-Hsun Huang said the company will launch its new graphics chip, code-named "NV35," next week. It will replace the company's prior top-end product, code-named NV30, which Huang said was unsuccessful.

http://biz.yahoo.com/rc/030508/tech_nvidia_outlook_1.html



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