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Nvidia Q1 Profit Rises 29 Percent as Revenue, Margins Strengthen

Published on May 9, 2013
by Tess Stynes

Nvidia Corp.’s fiscal first-quarter earnings rose 29 percent as the chip maker posted stronger revenue and margins.

For the current quarter, the company forecast revenue of $975 million, plus or minus 2 percent, implying a range of between $955.5 million and $994.5 million. Analysts polled by Thomson Reuters most recently expected $1.01 billion.

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