Nvidia Tops Sales Guidance, Gives Strong Outlook

Nvidia Corp. NVDA 5.59 % said its second-quarter profit surged as the chip maker exceeded its revenue guidance and saw strong demand for its new products. Nvidia shares rose 2.5% to 61.29 in after-hours trading. Analysts polled by Thomson Reuters projected 1.45 billion. Nvidia, based in Santa Clara, Calif., is a prominent name in graphics processing units used in gaming software. It has expanded in many new sectors ranging from virtual reality to self-driving cars.