NVIDIA, Maker of Mac GeForce Graphics Chips, Doing Very Well

From NVIDIA's Diane Vanasse:

    "NVIDIA reported record revenues and earnings for the second quarter of fiscal 2002 ended July 29, 2001. For the second quarter of fiscal 2002, revenues increased to $260.3 million, compared to $170.4 million for the second quarter of fiscal 2001, an increase of 53 percent."

    "NVIDIA announced that its Board of Directors has approved a two-for-one stock split of the Company's outstanding shares of common stock to be effected in the form of a 100% stock dividend. The stock split will entitle each stockholder of record at the close of business on August 28, 2001 to receive one additional share for every outstanding share of common stock held. The additional shares resulting from the stock split are expected to be distributed by the transfer agent on or about September 11, 2001. Upon the completion of the stock split, NVIDIA will have approximately 143 million shares of common stock outstanding."

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