Thursday, October 19, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Unifies IoT Services Under SmartThings, Announces Bixby 2.0, AR Capabilities to Galaxy smartphones, a 360 Round Camera
HP Launches the Powerful ZBook X2 Detachable PC
Motorola Unveils Smart Speaker with Amazon Alexa For Moto Z Phones
Apple and GE Partner to bring Industrial Apps to iPhone and iPad
ICDM to Establish New Display Evaluation Standards Based on Samsung and LG Proposals
Globalfoundries and Intel to Talk About 10, 7nm at IEDM
Intel and Mobileye Offer Present Algorithms to Prove the Safety of Autonomous Vehicles
Chinese BOE and CSOT to Invest in Japanese JOLED, Adding Pressure to South Korean Rivals
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, May 13, 2016
Nvidia Enjoys Growth in Its Fiscal First Quarter


NVIDIA has reported revenue for the first quarter ended May 1, 2016, of $1.30 billion, up 13 percent from $1.15 billion a year earlier, and down 7 percent from $1.40 billion in the previous quarter.

GAAP earnings per diluted share for the quarter were $0.33, up 38 percent from $0.24 a year ago and down 6 percent from $0.35 in the previous quarter.

GPUs accounted for most of Nvidia's revenue, with GPU revenue coming in at $1.08 billion for the quarter. This is a gain of 15% year-over-year, driven by strong growth in the GeForce lineup. Tegra processor revenue for the quarter was $160 million, up 10% compared to Q1 2016, thanks to continued growth in Tegra automotive.

Gaming platform revenue was up 17% to $687 million, consistent with the strong growth in PC gaming compared to the rest of the PC market. Quadro revenue, filed under Professional Visualization, was up 4% to $189 million.

Datacenter revenue which includes Tesla and GRID results were a record $143 million for the quarter, up 63% from a year ago, driven by demand for GPU acceleration for deep learning.

Automotive revenue was $113 million of the $160 million for Tegra, up 47% year-over-year.

The licensing deal with Intel, which is going to end soon, accounted for $66 million in revenue.

"We are enjoying growth in all of our platforms -- gaming, professional visualization, datacenter and auto," said Jen-Hsun Huang, co-founder and chief executive officer, NVIDIA. "Accelerating our growth is deep learning, a new computing model that uses the GPU's massive computing power to learn artificial intelligence algorithms. Its adoption is sweeping one industry after another, driving demand for our GPUs.

"Our new Pascal GPU architecture will give a giant boost to deep learning, gaming and VR. We are excited to bring a new wave of innovations to the markets we serve. Pascal processors are in full production and will be available later this month," he said.



Previous
Next
Sony To Resume Wafer Processing Operations After Earthquake        All News        Facebook Clarifies How Trending Topics Work
AMD Notebook Market Share Increased From Last Quarter, Nvidia Overall Share Increased From Last Year     Graphics Cards News      NVIDIA GeForce GTX 1080 and GTX 1070 Bring The Pascal Architecture And The GP104 GPU

Get RSS feed Easy Print E-Mail this Message

Related News
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
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

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 .