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Nvidia Rises After Profit Tops Estimates on New Business

Nvidia Corp. rose after the maker of graphics processors reported fiscal third-quarter profit that exceeded analysts’ estimates as revenue from new businesses helped make up for declining personal-computer demand.

Nvidia shares rose 7 percent to $15.56 at the close in New York, after the company released its results yesterday. The shares have risen 27 percent this year compared with a 24 percent gain in the Standard & Poor’s 500 Index.