Forbes names Nvidia company of the year (just to rub it in)
Page 1 of 1
CaptainCox
VIP Member



Posts: 6823
Location: A Swede in Germany (FaM)
PostPosted: Fri, 21st Dec 2007 19:58    Post subject: Forbes names Nvidia company of the year (just to rub it in)
Quote:
After a year of record growth, Nvidia has been elected 2007 company of the year by financial magazine Forbes. The graphics firm shares the honor with the likes of Best Buy, Pfizer, and Seagate Technology, which have also earned the distinction in recent years. According to Forbes, the combination of Nvidia's recent performance—especially contrasted with that of AMD—and the strides it has made since its creation in 1993 make it worthy of the title:

The Santa Clara, Calif. firm has 62% of the market for desktop PC graphics cards, up from 57% a year ago, according to Mercury Research. Its archrival ATI stumbled badly last year in the two-company horse race for technical superiority and was bought by chipmaker AMD for $5.4 billion. In a PC industry racked by deflation, Nvidia has managed to increase its gross margin from 29% in 2004 to a current 46%. In the fiscal year ending in a few weeks Nvidia will gross $4 billion, up 33%, and net $900 million, up 50%. Since Huang took the company public in 1999, Nvidia's shares have risen 21-fold, edging out even the mighty Apple (nasdaq: AAPL - news - people ) over the same time period. Such accomplishments, over the last 12 months and the past five years, earn Nvidia the title of forbes' Company of the Year.
The rest of Forbes' article is largely spent explaining exactly what Nvidia does in layman's terms, but it does contain a few interesting nuggets of information about Nvidia's future prospects and those of one of its future competitors.

Regarding Nvidia, the business publication states in no uncertain terms, "The company's next generation of chips will be launched in the spring." And about Intel, which is expected to join the discrete graphics processor party in the not-too-distant future, Forbes says, "In 2008 it plans to demonstrate a multicore chip named Larrabee that may steal some of the market for high-end graphics chips." (Thanks to TR reader Linda for the tip.)


http://techreport.com/discussions.x/13841
Keep em coming guys! Smile


Back to top
nouseforaname
Über-VIP Member



Posts: 21306
Location: Toronto, Canada
PostPosted: Fri, 21st Dec 2007 20:07    Post subject:
Quote:
Since Huang took the company public in 1999, Nvidia's shares have risen 21-fold


wish I had shares Razz


asus z170-A || core i5-6600K || geforce gtx 970 4gb || 16gb ddr4 ram || win10 || 1080p led samsung 27"
Back to top
Lutzifer
Modzilla



Posts: 12740
Location: ____________________ **** vegan zombie **** GRRAAIIINNSS _______
PostPosted: Fri, 21st Dec 2007 20:30    Post subject:
wish i had money to even be thinking about buying shares.
I d blow it all on hardware and whores though Very Happy

edit: /me hides and hopes that his girlfriend doesnt venture into the hardware section
Back to top
nouseforaname
Über-VIP Member



Posts: 21306
Location: Toronto, Canada
PostPosted: Fri, 21st Dec 2007 20:44    Post subject:
Lutzifer wrote:
wish i had money to even be thinking about buying shares.


yeah, I have that problem too Wink


asus z170-A || core i5-6600K || geforce gtx 970 4gb || 16gb ddr4 ram || win10 || 1080p led samsung 27"
Back to top
CaptainCox
VIP Member



Posts: 6823
Location: A Swede in Germany (FaM)
PostPosted: Fri, 21st Dec 2007 20:52    Post subject:
and me


Back to top
Phluxed
VIP Member



Posts: 4911
Location: Oakville, Ontario, Canada
PostPosted: Fri, 21st Dec 2007 21:19    Post subject:
Sorry, my radeons run amazing and were a steal!

If SLI were to be re-done and used properly, Nvidia would steal my show, but because crossfire overall does NOT suck donkey balls, I still stick with AMD, that and we're partnered with them at work so they're cheap!


Back to top
KrAzY-KaMeL




Posts: 2248
Location: City Of Compton
PostPosted: Sat, 22nd Dec 2007 06:18    Post subject:
I wait for the day Cox *Cough* gets off Nvidia's *Cough nuts are really healthy, I hit the gym earlier - Ran out of protein powder and scarfed down various nuts to substitue since they are oooooooooooo soooooooooo nutritional.

Laughing
Back to top
Page 1 of 1 All times are GMT + 1 Hour
NFOHump.com Forum Index - Hardware Zone
Signature/Avatar nuking: none (can be changed in your profile)  


Display posts from previous:   

Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB 2.0.8 © 2001, 2002 phpBB Group