NVIDIA Corporation Reports a Monster Fourth Quarter

Despite a chronically weak PC market, graphics chip company NVIDIA (NASDAQ:NVDA) trounced analyst estimates when it reported its fourth quarter results on Feb. 17. Demand for gaming GPUs was completely untethered from demand for PCs, in general, and despite the company’s dominant market share in the discrete GPU market, it’s possible that NVIDIA gained even more share during the fourth quarter at the expense of rival Advanced Micro Devices (NASDAQ:AMD). Here’s what investors need to know about the fourth quarter results. Source: NVIDIA Earnings rundown NVIDIA reported revenue of $1.4 billion, up 12% year-over-year and $90 million higher than the average analyst estimate. GPU sales rose 10% year-over-year to $1.18 billion, with GeForce gaming GPU revenue up 21%. Sales of Quadro professional GPUs jumped 7% year-over-year to $203 million, while…

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