Nvidia Looks Set to Trade Up By Ben Thomas About this article: Nvidia reported a nice quarter, and it could be just enough to produce the upward squeeze that I mentioned in the preview. For the quarter just ended, the company posted EPS of $0.19 on revenue of $903 million. The gross margin came in at 41%, which is better than expected on the back of improved unit sales and improved yields. Graphics revenue of $464 million is up 25% sequentially, while microprocessor revenue gained 4% sequentially to $248 million. Demand in the Graphics segment (about half of total revenue) was strong in both notebook and desktop with many customers on allocation due to strong demand and supply constraints. Guidance: Fourth-quarter sales are seen up 2% from third-quarter levels (implies $921million) vs. estimates of $868 million. GAAP gross margin is seen in the range of 40% to 42% (implies non-gaap gross margins around 38% to 40%). Nvidia continued... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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