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Nvidia Profit, Sales Top Wall Street's Forecast

Published: Thursday, 5 Nov 2009 | 5:44 PM ET

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By: Reuters

Graphics chipmaker Nvidia on Thursday reported net income of $110.3 million, or 19 cents a share, in its third quarter, compared with $111.4 million, or 20 cents a share, a year earlier.

The results for the company, which competes with Advanced Micro Devices' [AMD Loading... () ] ATI unit to sell graphics hardware for computers, exceeded the average analysts' estimate of 10 cents a share, according to Thomson Reuters.