Nvidia Posts Strong Quarter, Guidance

Nvidia Corp. posted strong second-quarter results and third-quarter revenue guidance as the chip maker benefits from its new graphics processor and its push into the mobile market.

The Silicon Valley company reported revenue at the top end of its guidance, while earnings topped analysts’ expectations. In addition, its current-period sales outlook of $1.15 billion to $1.25 billion beat the $1.09 billion estimated by analysts, according to Thomson Reuters.

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