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Nvidia Tops Estimates, But Tegra Makes for Risky 2H (NVDA: NEUTRAL)
Nvidia reported results near the top of guidance and ahead of expectations ($955M vs. $940M, and $0.13 vs. $0.10 GAAP) even as Tegra revenues dropped more steeply than we had expected ($103M vs. $125M); the company was helped by relative strength in graphics which supported sales and gave gross margin a lift. Guidance is weaker […]