NVIDIA beats the Street estimates with its first quarter financials, Tegra chips usage on the rise again
NVIDIA just reported first quarter earnings, and beat the analysts' estimates with $925 million of revenue, and $60 million revenue. The CEO Jen-Hsun Huang said the company's Tegra line of mobile chips is on the rising demand train again, due to successful mobile launches (nudge, wink, HTC One X), and customers buying it for their upcoming Windows 8 ARM-based tablets.
The flamboyant CEO hinted that "Graphics is more important than ever. Look for exciting news next week at the GPU Technology Conference as we reveal new ways that the GPU will enhance mobile and cloud computing".
We'll certainly keep our eye peeled then - after all, we wonder if NVIDIA will pull this year what it did with dual- and quad-core handsets, and be the first to cram a Cortex-A15 Tegra processor in a smartphone.