NVIDIA's Latest Earnings Results Reflect Strong Demand for RTX Graphics Cards
Investors have become increasingly optimistic about NVIDIA's (NASDAQ: NVDA) growth prospects again. Over the last year, the company has seen the gaming and data center businesses experience a dip in sales. But signs of a turnaround for the graphics chipmaker's two largest sources of revenue have helped push the stock up 35% in the last three months.
For the most part, NVIDIA's fiscal third-quarter earnings report on Nov. 14 exceeded expectations. The gaming segment showed a healthy increase in revenue over the previous quarter, further validating that demand is coming back. But a soft outlook for Q4 cast a shadow over what was a stellar earnings report.
Let's take a look at the gaming segment's performance and what management had to say.
Source Fool.com
