NVIDIA Reports Q2 FY'07 Financial Results: Sales Increase 20%

NVIDIA Corporation today reported its revenue for the second quarter of fiscal 2007 ended July 30, 2006. For the second quarter of fiscal 2007, revenue increased to a record $687.5 million, compared to $574.8 million for the second quarter of fiscal 2006, an increase of 20 percent. Revenue for the six months ended July 30, 2006 was a record $1.37 billion, compared to revenue of $1.16 billion for the six months ended July 31, 2005, an increase of 18 percent. The NVIDIA Quadro professional product line increased its revenue 27 percent from the second quarter fiscal 2006 and achieved record revenue. "We are delighted to deliver another record quarter," stated Jen-Hsun Huang, president and CEO of NVIDIA. "Our growth was driven by strong performance from numerous product groups -- desktop GPU, notebook GPU, MCP, professional solutions and handheld GPU. As the industry continues to shift its focus to the multimedia experience for consumers, the GPU is becoming increasingly important in a broad range of computing and consumer devices. We are excited about our growth opportunities ahead." Second Quarter Fiscal 2007 and Recent Highlights -- The NVIDIA nForce MCP product line achieved record revenue for its eighth consecutive quarter. NVIDIA nForce MCPs increased their share of the AMD64 segment from 42 percent to 52 percent from the first quarter of calendar 2006 to the second quarter of calendar 2006, as reported in Mercury Research's Second Quarter Worldwide Chipset Report 2006. -- The Professional Solutions Group introduced the NVIDIA Quadro Plex, the first dedicated Visual Computing System (VCS). NVIDIA Quadro Plex VCS represents an entirely new category of professional graphics solutions. It enables engineers and designers to experience advanced personal visualization solutions previously only accessible in large visualization centers.