Nvidia lifts div, share buybacks after more records in Q3 despite cryptocurrency blues

Friday 16 November 2018 | 09:28 CET | News
Update: 16 November 2018 | 09:46 CET
Nvidia posted strong results for its third quarter and said it will consequently both lift its dividend and return more to shareholders. CEO Jensen Huang said AI drove record revenue for the company's data centre operations, although other divisions also came up with record highs. Huang noted the company's introduction of Turing GPUs for computer graphics and AI and of new platforms in general, extending its architecture into new growth markets. "Our market position and growth opportunities are stronger than ever," the CEO said. 

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[16/11/2018 09:46 - Update: added statement about cryptocurrency]

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Categories: IT
Companies: Nvidia
Countries: World
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