ATI overtakes NVIDIA – barely

Data released on Monday by Mercury Research shows that ATI edged out NVIDIA in sales for Q4 2003. The numbers were Intel 31.7%, ATI 24.9%, and NVIDIA 24.7%. ATI increased at Intel & NVIDIA expense. Most of the change was in add-in cards (vs. integrated chip-sets), where ATI has handily been beating NVIDIA. This was quickly followed by Goldman Sachs analyst Andrew Root questioning if NVIDIA can meet is revenue estimates, though he didn’t change his estimates for the company. NVIDIA’s stock price has dropped about 10% this year while ATI’s has increased about the same amount. NVIDIA will host a conference call to discuss its financial results for the fourth quarter and the fiscal year ending January 25, 2004 on February 12, 2004 at 2:00 PM, Pacific Time. The Company’s prepared remarks will be followed by a question and answer period, which will be limited to questions from analysts and institutional investors. To listen to the conference call, dial 706-679-0543; no password is required. The conference call will also be webcast at www.nvidia.com and www.streetevents.com.