Monday, November 20, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Toshiba's Board Approves $5 billion Injection to Stay Listed
LG Electronics Launches the ThinQ Hub AI Speaker
Verizon Signs Deal with NFL: report
Microsoft Offers Discounted Games for Xbox Live Gold Members, Sony Unveils PlayStation Deals
Apple HomePod Smart Speaker Won't Be an Option For Holiday Shopping
G.Skill Unveils Trident Z DDR4-4400 32GB CL19 Kit
Spotify Buys Soundtrap
Volkswagen to Invest Over $40 billion on Future Cars
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 > Gaming,...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, August 12, 2016
Gaming, And Data Center Chips Push Nvidia's Financial Fugures, Foundry Deal With Samsung In Sight


Nvidia reported high quarterly sales growth powered by strong demand for the company's processors used in gaming computers and in data centers.

Nvidia has emerged as a dominant player in the high-end PC gaming market. The gaming division accounts for more than half of the company's total revenue.

Nvidia has been diversifying into fields such as self-driving cars, virtual reality and into making processing units for deep learning, a fast-growing field of artificial intelligence that helps computers crunch and make sense of huge amounts of data.

"Strong demand for our new Pascal-generation GPUs and surging interest in deep learning drove record results," Chief Executive Jen-Hsun Huang said in a statement.

Data centers have emerged as a growth engine for the company, notching a near 110 percent jump in sales in the latest quarter from a year earlier.

Revenue from the company's gaming business, which makes chips that render graphics in video games, rose 18.3 percent to $781 million in the second quarter ended July 31.

Nvidia forecast revenue to increase to $1.68 billion plus or minus two percent in the current quarter.

Revenue rose about 24 percent to a record $1.43 billion in the three months ended July. Nvidia's net income soared to $253 million, in the latest quarter from $26 million a year earlier.

Deal with Samsung?

In related news, Samsung Electronics has won a contract manufacturing order to make new GPU products for Nvidia, South Korea's Chosun Biz newspaper reported on Friday, citing unnamed sources.

The paper said Samsung would start making the next-generation GPUs using its 14-nanometre production technology before year-end, based on the U.S. company's Pascal architecture. It did not specify the value of the order.



Previous
Next
Foxconn Completes Sharp Acquisition        All News        Twitter Denies Rumors of Shutting Down
Nvidia Brings The GeForce GTX 10-Series GPUs To Laptops     Graphics Cards News      AMD Radeon RX 470 And RX 460 Are Shipping in Early August

Get RSS feed Easy Print E-Mail this Message

Related News
Broadcom, Qualcomm and NVIDIA Remain Top Fabless IC Design Houses
NVIDIA Tesla V100 GPU Available in Volta-based Cloud Services
GPU Demand for Gaming and Datacenters Boost NVIDIA's Quarterly Profit
Star Wars Fans: Light And Dark-Side Collector's Edition NVIDIA TITAN Xp Graphics Cards are Available
Nvidia GeForce GTX 1070 Ti Coming Nov. 2
NVIDIA CEO Revs Up Auto Industry with NVIDIA DRIVE PX Pegasus Autonomous Car Computer and Holodeck VR Design Tool
NVIDIA CEO Declares Death of Moore's Law, Outlines Company's GPU-centered Ecosystem
Nvidia Offers Middle-earth: Shadow of War GeForce GTX Bundle
GPU Shipments Increased from Previous Quarter
Nvidia Chips ride Cryptocurrency Boom
NVIDIA Supercharges Rendering Performance with AI and Titan Xp Update
NVIDIA WhisperMode Makes Your GeForce GTX Laptop Quite

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 .