Breaking News

LIAN LI Introduces the Platinum Certified SX PSU Series Micron Ships Automotive UFS 4.1 Apple introduces Digital ID DJI Launches Neo 2 PlayStation Plus Game Catalog for November 2025

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

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

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

GPUs Aug 12,2016 0

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.

Tags: Nvidia
Previous Post
Foxconn Completes Sharp Acquisition
Next Post
Twitter Denies Rumors of Shutting Down

Related Posts

  • Intel and NVIDIA to Jointly Develop AI Infrastructure and Personal Computing Products

  • MSI Expands NVIDIA RTX PRO Server Lineup

  • PNY Announces Support for the New NVIDIA RTX PRO Blackwell Graphics Card Family

  • KIOXIA flash memory and SSD solutions empower AI applications at NVIDIA GTC 2025

  • INNO3D GEFORCE RTX 50 SERIES IS HERE!

  • VENGEANCE Gaming PCs are Ready for NVIDIA GeForce RTX 50 Series GPUs

  • GeForce At Computex 2024

  • ASUS Presents ESC AI POD With NVIDIA GB200 NVL72 at Computex 2024

Latest News

LIAN LI Introduces the Platinum Certified SX PSU Series
PC components

LIAN LI Introduces the Platinum Certified SX PSU Series

Micron Ships Automotive UFS 4.1
Enterprise & IT

Micron Ships Automotive UFS 4.1

Apple introduces Digital ID
Enterprise & IT

Apple introduces Digital ID

DJI Launches Neo 2
Drones

DJI Launches Neo 2

PlayStation Plus Game Catalog for November 2025
Gaming

PlayStation Plus Game Catalog for November 2025

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed