Could A 'Switch Mini' Be Key To Nvidia's Financial Revival?

"We've returned to growth in gaming".

As we all know, Nvidia makes the clever little chips that go inside the Nintendo Switch, and its alliance with the Kyoto veteran has proven to be a profitable one thus far. However, Nvidia's business goes beyond the Tegra line of silicon and includes cryptocurrency mining, AI, automobile tech, data centres and – of course – PC graphics cards. It's had a tough time in some of those areas in recent years, namely in cryptocurrency and the data centre business.

However, the company's latest fiscal report offered up better-than-expected first quarter results, and revenue guidance for the second quarter was also higher than expected. Nvidia is predicting revenue of $2.55 billion, which is better than the $2.53 billion that analysts were expecting. But what's the reason for this positive outlook?

Read the full article on nintendolife.com



from Nintendo Life | Latest Updates http://bit.ly/2Emk5f7
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