Sunday, June 26, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Says Scorpio System will Not Offer Higher Frame Rates With Xbox One Games
China to Regulate Search Results Ads
HTC Apologizes For Poor Results, Pins Hopes On VR
MediaTek To Invest $6.15 billion on 5G Communication Technologies
EU, United States Strengthen Data Transfer Pact
BitTorrent Now Music And Video App Launched
Qualcomm Files Complaint Against Meizu
3-D pens And Moldable Earbuds Appear At CE Week Gadget Show
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, August 08, 2014
Nvidia Reports Positive Q2 Earnings


Nvidia posted high fiscal second-quarter earnings on Thursday and gave an optimistic forecast for current-quarter revenues.

Nvidia's financial figures depend on the company's sales of graphics chips for PCs, but also for cars and data centers.

In the second quarter, revenue from Tegra chips for automobiles and mobile devices jumped 200 percent to $159 million.

Nvidia has not managed to effectively compate with larger chipmakers like Qualcomm in smartphones and tablets. However, the company has increased its focus on using its Tegra chips to power entertainment and navigation systems in cars made by companies including Audi, BMW and Tesla.

Nvidia in July launched its own tablet aimed at game enthusiasts, called Shield, with Tegra chips and other high-end components.

Nvidia has also made progress into cloud computing data centers, with IBM, Dell and Hewlett-Packard offering servers with Nvidia chips.

"We had a great quarter with strong gains in each of our three growth areas -- Gaming, Datacenter & Cloud, and Mobile," said Jen-Hsun Huang, president and chief executive officer of NVIDIA. "Our Tesla datacenter business is in high gear, benefiting from strong demand from cloud service providers, and our new SHIELD tablet is generating considerable excitement. ? NVIDIA's accelerating growth stems directly from investments in extending our visual computing leadership to the mobile-cloud revolution."

The company reported second-quarter revenue of $1.1 billion, up 13 percent from the year-ago quarter as it expanded its focus on cars and cloud-computing.

For the current quarter, Nvidia said it expects revenue of $1.2 billion, plus or minus 2 percent.

Nvidia's net income in the second quarter, which ended on July 27, totaled $128 million, compared with $96 million in the year-ago quarter.



Previous
Next
Yahoo, Google To Encrypt Web Mail        All News        Google Releases Fit SDK, Special Version Of Android L
Khronos Group Announces Advances in OpenGL Ecosystem     Graphics Cards News      AMD Releases The FirePro S9150 Server GPU for HPC

Get RSS feed Easy Print E-Mail this Message

Related News
New Nvidia PCI Express Tesla P100 Is Shipping In Q4
Nvidia GTX 900-series Gets A Price Cut
Nvidia Announces GeForce GTX 950 Free To Play Bundle
Nvidia's GeForce GTX 1080 Launches Wordlwide
Nvidia Enjoys Growth in Its Fiscal First Quarter
NVIDIA GeForce GTX 1080 and GTX 1070 Bring The Pascal Architecture And The GP104 GPU
NVIDIA And Samsung Agree to Settle IP Litigation
Nvidia 2016 GPU Technology Conference Is About Artificial Intelligence
NVIDIA Focuses On GPU Computing With New Software Tools
NVIDIA Quadro M6000 GPUs For Notebooks Released
Nvidia's GeForce GTX ENERGY Drink Will Keep You Gaming On
NVIDIA Quadro M6000 24GB Released

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .