Monday, August 21, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
YouTube TV expands to new markets
Facebook Tests News Stories Customized to Users' Interests
Google Home Now Supports Free Calls
Asus Unveils the ZenFone 4 Pro, ZenFone 4, ZenFone 4 Selfie Pro, and ZenFone 4 Selfie
Nokia 8 Shipped With ZEISS Optics
Apple is Getting Serious in TV Shows and Film Prospect
Acer's New 4K Projectors Bring the Benefits of Cinema Home
Fiat Chrysler Joins BMW, Intel, Mobileye in Autonomous Driving Team
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

Friday, February 10, 2017
Nvidia Reports Record Revenue Driven by Gaming GPUs Datacenter And Tegra


Nvidia's quarterly revenue surged more than 50 percent for the second straight quarter, helped by rising demand for its graphics chips datacenter and professional visualization, as well as for Tegra automotive systems.



The company also forecast revenue of $1.90 billion, plus or minus 2 percent, for the current quarter.

"We had a great finish to a record year, with continued strong growth across all our businesses," said Jen-Hsun Huang, founder and chief executive officer of NVIDIA. "Our GPU computing platform is enjoying rapid adoption in artificial intelligence, cloud computing, gaming, and autonomous vehicles.‎

"Deep learning on NVIDIA GPUs, a breakthrough approach to AI, is helping to tackle challenges such as self-driving cars, early cancer detection and weather prediction. We can now see that ‎GPU-based deep learning will revolutionize major industries, from consumer internet and transportation to health care and manufacturing. The era of AI is upon us," he said.

GPU business revenue for the fourth quarter was $1.85 billion, up 57 percent from a year earlier and up 9 percent sequentially, led by growth across all platforms, including exceptional growth from the GeForce GPU gaming and datacenter platforms.

GeForce GPU gaming results were fueled by strong adoption of Nvidia's latest Pascal architecture.

Datacenter (including Tesla, NVIDIA GRID and DGX-1) was a record $296 million, up 205 percent year on year and up 23 percent sequentially. This reflects strong demand for deep learning training, cloud and virtualized computing, and DGX-1 sales.

Tegra business revenue, which included gaming development platforms and services, was $257 million for the fourth quarter, up 64 percent from a year ago and up 7 percent sequentially.

Also included was automotive revenue of $128 million, primarily from infotainment modules, which was up 38 percent from a year earlier and up 1 percent sequentially.

Fiscal 2017 revenue grew 38 percent to a record $6.91 billion, reflecting growth leading to records in each of Nvidia's market platforms -- Gaming, Professional Visualization, Datacenter, and Automotive.

GPU business revenue was $5.82 billion, up 39 percent from a year earlier, and Tegra business revenue was $824 million, up 47 percent from a year ago.

License revenue from Nvidia's patent license agreement with Intel remained flat at $66 million for the fourth quarter and $264 million for fiscal 2017.



Previous
Next
Intel Says 8thGen Core Is Coming On 14nm, Talks About Datacenter and Optane        All News        Sony In Offering PS4 Bundles For $249
Nvidia, and AMD Increase GPU Attach Rates While Total GPU Shipments Remain Flat     Graphics Cards News      NVIDIA Powers Supercomputing Workstations with New Quadro GP100, Announce Quadro Pascal Refresh

Get RSS feed Easy Print E-Mail this Message

Related News
Nvidia Chips ride Cryptocurrency Boom
NVIDIA Supercharges Rendering Performance with AI and Titan Xp Update
NVIDIA WhisperMode Makes Your GeForce GTX Laptop Quite
NVIDIA Collaborates with Volvo to Bring AI-Enabled Autonomous Vehicles to Market in 2021
NVIDIA Tesla V100 Available Later This Year
Computex: GeForce Partners Unveil Over 40 New Products based on NVIDIA's Max-Q Design
Nvidia Introduces the GeForce MX150 For Laptops
NVIDIA Introduces New GeForce GTX Battlebox
SoftBank Reportedly Takes $4 Billion Stake in Nvidia
Nvidia Introduces the GeForce GT 1030 Graphics Card
SK Telecom To Work With Nvidia On Autonomous Driving Technology
NVIDIA Launches Volta GPU Platform, Fueling AI and High Performance Computing

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 .