Nvidia will delay shipments of its new Tegra 4 mobile SoC as well
as the Project Shield gaming device.
During a conference call, Nvidia CEO Jen-Hsun Huang said that the
company would ship Tegra 4 starting in Q2 of fiscal 2014, measning
that the chips will reach Nvidia's customers sometime in August or
later. In additiom, Nvidia's Project Shield gaming device will not
ship earlier than September, Huang added.
Nvidia's Tegra 4 processor uses ARM's Cortex-A15 design and has a
fifth power-saving core design to keep the balance between battery
life and performance. The SOC also incorporates a GeForce GPU with
72 cores for six times the graphics performance of the Tegra 3 at
72 Gigaflops. Tegra 4 also enables 4G/LTE voice and data support
through an optional chipset, the fifth-generation Nvidia Icera i500
processor.
Nvidia also reported revenue for fiscal 2013 ended Jan. 27, 2013,
of a record $4.28 billion, up 7.1 percent from $4.00 billion in
fiscal 2012.
GAAP earnings per share for the year were $0.90 per diluted share,
a decrease of 4.3 percent from $0.94 in fiscal 2012. Non-GAAP
earnings per diluted share were $1.17, down 1.7 percent from $1.19
in fiscal 2012.
During the quarter, NVIDIA repurchased $100.0 million of stock and
paid a dividend of $0.075 per share, equivalent to $46.9 million.
"This year we did the best work in our company's history," said
Jen-Hsun Huang. "We achieved record revenues, margins and cash,
despite significant market headwinds.
"We grew our GPU and Tegra Processor businesses. We are sampling
production silicon of the Tegra 4 platform which includes our 4G
LTE modem. And we created new pillars for long term growth with
Project SHIELD and NVIDIA GRID -- first-of-their-kind devices that
will extend our leadership in visual computing into mobile and the
cloud."