SANTA CLARA, Calif., Nov. 9 /PRNewswire-FirstCall/ -- NVIDIA Corporation (Nasdaq: NVDA) today reported financial results for the third quarter of fiscal 2007 ended October 29, 2006.
"The third quarter was one of the best in NVIDIA's history," said Jen-Hsun Huang, president and CEO of NVIDIA. "For the third consecutive quarter, we delivered record revenue as we continued to gain share in each of our core businesses."
Third Quarter Fiscal 2007 and Recent Highlights:
Non-GAAP gross margin reached a Company high of 42.9 percent, an increase of 20 basis points sequentially from the second quarter of fiscal 2007. GAAP gross margin was 40.6 percent.
NVIDIA grew share in total standalone graphics, which includes desktop and notebook PCs, to 55 percent, and is now the largest supplier of standalone GPUs according to the Mercury Research Third Quarter 2006 PC Graphics Report.
NVIDIA grew share in total desktop graphics to 33 percent, and is now the largest supplier of desktop PC graphics according to Mercury Research.
The NVIDIA GeForce Go notebook GPU product line achieved record revenue for the third consecutive quarter. NVIDIA grew share to a leading 52 percent of the notebook standalone GPU segment. Notebook GPU revenue grew 46 percent sequentially from fiscal Q2 2007 and more than 100 percent in revenue year-over-year.
- The NVIDIA nForce MCP product line achieved record revenue for its ninth consecutive quarter. NVIDIA nForce MCP revenue grew 35 percent sequentially from fiscal Q2 2007 and more than doubled in revenue year-over-year.
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A few extremely interesting topics which arose during the conference call were the intent to release IGP chipsets for the Intel platform in Spring 2007 as well as the fact that there are currently 9 G80-based GPU's in development.