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Forbes names Nvidia company of the year

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" 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://www.techreport.com/discussions.x/13841
 
Fair play to them - do deserve a pat on a back - though lets hope AMD dont let them sit too long on their laurels...

ps3ud0 :cool:
 
With Intel though I doubt theyll be aiming for enthusiasts, but for the mainstream/OEMs where their present IGPs dont cut the mustard...

Thats where the money is...

ps3ud0 :cool:
 
With Intel though I doubt theyll be aiming for enthusiasts, but for the mainstream/OEMs where their present IGPs dont cut the mustard...

Thats where the money is...

ps3ud0 :cool:

And thats where they'll hit Nvidia and AMD very hard. It's obvious why AMD bought ATI - they'll be doing the same thing to remain competetive.

Nvidia will need to be very strong once the CPU maufacturers start putting out CPU's with onboard grahics processors. Those will make both Nvidia's entry-level IGPs and add-in cards obsolete overnight.
 
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With Intel though I doubt theyll be aiming for enthusiasts, but for the mainstream/OEMs where their present IGPs dont cut the mustard...

Thats where the money is...

ps3ud0 :cool:

something a lot of ppl on this (and some other forums) don't realise - enthausiast market doesn't make or break these companies entirely.
 
Anyone unhappy with what they bought?

Exactly, supply and demand, NVIDIA make top quality produce and they demand a premium which is worth it.

Look at the GT's, Superb value.

Look at the GTX, lasted over a year at the top, again offers superb value.
 
:eek::eek::eek:

$4 Billion? :eek:


Is that for real?

Look up what someone like Shell, BP, Royal Bank of Scotland and Tesco haul in sometime if you think that's a lot ;)

(Edit: I do hope OCUK haven't gone into the Oil/Banking/Grocery market if so please remove these competitors!)
 
Look up what someone like Shell, BP, Royal Bank of Scotland and Tesco haul in sometime if you think that's a lot ;)

Shell, Tesco & the RBS have a slightly larger customer pool than a Desktop PC Graphics Processor manufacturer I'd have thought hence my question.

$4 Billion is a lot of cash to turn over in a year no matter who you are, never mind whats to me, a niche provider!
 
Shell, Tesco & the RBS have a slightly larger customer pool than a Desktop PC Graphics Processor manufacturer I'd have thought hence my question.

$4 Billion is a lot of cash to turn over in a year no matter who you are, never mind whats to me, a niche provider!

Nvidia also make core logic chipsets (although Intel still dominates that market).
 
Shell, BP, Royal Bank of Scotland and Tesco
What Nvidia produce is pretty specialised though and the companies you're talking about have enormous, society-moving markets with enormous demand. When it comes to computer-related technology Nvidia and Intel have really surpassed expectations the last year and a half with the 8800s and Core 2 Duo.
 
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