Nintendo Switch Gives Nvidia Earnings And Share Price A Lift Off

Nintendo Switch Gives Nvidia Earnings And Share Price A Lift Off

Nvidia has recently shared their Q3 financial results and they have saw their share price jumped by 14% due to great results.

The company’s overall value has increased by 34% compared to Q3 2016. Tegra processor sales have increased by 75%, hitting USD450 million. As the Tegra processor is one of the components used inside the Nintendo Switch, it has greatly contributed to Nvidia’s bottom line. Nvidia CFO Colette Kress attributed the Switch’s success to Nvidia’s success last quarter.

 

 

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