NVIDIA Shares Jump After Revenue, Outlook Beat Street

Good news for those of you with stock in NVIDIA. Shares jumped nine percent in pre-market trading after the company's revenue beat Wall Street estimates. Nvidia Corp's quarterly revenue and outlook topped Wall Street estimates on better-than-expected sales of its latest graphics chips, sending its shares up 9 percent in premarket trade. While the chipmaker said it had been hurt by soft economic conditions and supply constraints, it reported strong demand for its newly launched chips for desktop computers and contract wins for its smartphone chips.