NVIDIA making money hand over fist thanks to Tegra

Last week NVIDIA posted their fiscal Q2 2012 (not a typo) financial results, and while they don’t break down how much money was made by each individual product line, Jen-Hsun Huang (pictured above), NVIDIA President and CEO, said that the company’s guidance for the next quarter looks better than ever thanks to Tegra. Revenues hit $1.02 billion, up 26% from the same quarter last year, and in terms of profits, during this quarter last year the company actually lost $175 million. Today that number is in the green, at $174 million. NVIDIA goes on to claim that 10% of all Android devices that are currently shipping pack a Tegra chip inside. That would mean either tablet sales are better than we t... »read more

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