Tuesday, February 21, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
New Snapdragon X20 LTE Modem Is Paving the Way for 5G
TrendForce Sees Three New iPhones Coming This Year, Including AMOLED Model With 3D Facial Recognition Function
New LG X400 Smartphone Launches In Korea
Samsung to Exhibit New VR Projects at Mobile World Congress 2017
Intel Optane Memory Products Will Run Only On Systems With 7th Generation Intel Processors
Google, Bing Agree to Help U.K. Fight Pirate Sites
Researchers Create Printed ICs that Can Stretch
SK Telecom to Unveil Live Streaming Platform for 360 VR at MWC 2017
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Graphics Cards > NVIDIA ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, November 08, 2012
NVIDIA Reports Record Third Quarter Revenue


NVIDIA today reported record revenue of $1.20 billion for the third quarter of fiscal 2013 ended Oct. 28, 2012, up 15.3 percent from the previous quarter and up 12.9 percent from a year earlier.

The company also announced that it is initiating the payment of a quarterly cash dividend, and extending its existing $2.7 billion share-repurchase program, initiated in August 2004, through December 2014.

"Investments in our new growth strategies paid off this quarter in record revenues and margins," said Jen-Hsun Huang, president and chief executive officer of NVIDIA. "Kepler GPUs are winning across the special-purpose PC markets we serve, from gaming to design to supercomputing. And Tegra is powering some of the most innovative tablets, phones and cars in the market."

"These days, tablets are so versatile, transformable," Jen-Hsun Huang said. "Now with Microsoft Surface and Windows RT, the distinction between a tablet and a cheap notebook has all but disappeared.... The future of cheap PCs is tablets."

He noted that Nvidia's tablet business doubled from the previous year, while its overall mobile-chip business grew 50 percent in the period. Huang said Nvidia will probably ship 30 million Tegra chips this year, and he expects mobile processors, like Tegra, to take overall computing share from low-end PCs.

He continued: "We are pleased to start paying our shareholders a quarterly cash dividend. We have confidence in our businesses and our continued ability to grow. Given our strong financial position and ongoing ability to generate cash, we are well positioned to continue investing in our future."

Mr. Huang also talked about the project Denver central processing unit, which will be compatible with 64-bit ARMv8 architecture although some "secret sauce" is expected to make it better than the rivals.

"Well, Project Denver is a 64-bit processor. And it's a full-custom v8 64-bit processor with some exciting secret sauce. And we haven't revealed much about it. There are no 64 bits processors shipping today, as you know. And v8 was just announced. The next 64-bit was just announced. And so, I guess, the only thing I could tell you is Denver is going great."

Mr. Huang added that Denver will be also positioned for servers.


Previous
Next
Twitter Resets Passwords Many Users        All News        Intel And HP Unveil Latest Itanium Server Technology
AMD Introduces FirePro S10000 Professional Graphics Card     Graphics Cards News      NVIDIA Delivers Performance Boost to Linux Gamers

Get RSS feed Easy Print E-Mail this Message

Related News
Nvidia, and AMD Increase GPU Attach Rates While Total GPU Shipments Remain Flat
Nvidia Reports Record Revenue Driven by Gaming GPUs Datacenter And Tegra
NVIDIA Powers Supercomputing Workstations with New Quadro GP100, Announce Quadro Pascal Refresh
Nvidia Announces New Ubisoft Game Bundles With GTX 1070, GTX 1080 Cards
NVIDIA Announces the G-SYNC HDR Technology
CES: Nvidia Announces New SHIELD TV, GeForce NOW service, AI Car Projects
Nvidia's GeForce GTX 1050 and 1050 Ti GPUs Bring Desktop-level Gaming to Laptops
Nvidia GTX 1050 And 1050 Ti Graphics Coming To Laptops Next Year
Free Game Bundles For GeForce and Radeon Graphics Cards
Nvidia Was The Sole GPU Maker That Increased Its GPU Shipments In Q3 2016
IBM and NVIDIA Team Up on New Platform For Deep Learning
Nvidia Reports Strong Revenue

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .