SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Nvidia Corp. (NVDA) on Wednesday reported fiscal third-quarter profit of $31.91 billion.
The Santa Clara, California-based company said it had profit of $1.30 per share.
The results exceeded Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.
The maker of graphics chips for gaming and artificial intelligence posted revenue of $57.01 billion in the period, which also topped Street forecasts. Eleven analysts surveyed by Zacks expected $54.74 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVDA at https://www.zacks.com/ap/NVDA
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