Tuesday, September 25, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Search Gets New Features, More Visual and Personalized Information
Apple Completes Acquisition of Shazam
Snapchat Introduces Visual Search For Amazon Products
Apple macOS Mojave Update Brings Dark Mode, Stacks, New Apps, a Redesigned Mac App Store and More
Microsoft Focuses on Security and Brings AI to the Masses at Ignite 2018
Apple and Salesforce to Bring Siri to Business Apps
Surface Hub 2S and Hub 2X Coming in The Next Couple of Years
T-Mobile Revamps MetroPCs
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 09, 2018
Nvidia Reports High Revenue on High GPU Demand


Nvidia reported a 34 percent jump in quarterly revenue on Thursday, as a result of strong demand for its graphics chips used in data centers, gaming devices and in cryptocurrency mining.

Revenue from Nvidia's data center business more than doubled to $606 million.

Nvidia received a boost after the launch of Volta chips in May as part of its new Tesla GPU that will power systems from artificial intelligence to driverless cars.

"Virtually every internet and cloud service provider has embraced our Volta GPUs," Nvidia's founder anf Chief Executive Officer Jensen Huang said in a statement.

Nvidia's revenue from gaming rose 29 percent to $1.74 billion, accounting for a more than half of its total revenue in the fourth quarter.

Total revenue rose to $2.91 billion from $2.17 billion.

"We achieved another record quarter, capping an excellent year," said Huang. "In a powerful sign of our progress, attendees at NVIDIA's GPU Technology Conferences reached 22,000, up tenfold in five years, as software developers working in AI, self-driving cars, and a broad range of other fields continued to discover the acceleration and money-saving benefits of our GPU computing platform.

"Industries around the world are racing to incorporate AI. Virtually every internet and cloud service provider has embraced our Volta GPUs. Hundreds of transportation companies are using our NVIDIA DRIVE platform. From manufacturing and healthcare to smart cities, innovators are using our platform to invent the future," he said.



Previous
Next
Facebook Announces $10 Million Community Leader Awards        All News        Qualcomm Board Rejects Revised Broadcom Proposal
Vulkan Apps Enabled on Apple Platforms     Graphics Cards News      Graphics Experts From Synaptics and Nvidia Join AMD

Get RSS feed Easy Print E-Mail this Message

Related News
Nvidia Said to Chose TSMC Over Samsung For GPU Production
A Look at Nvidia's Turing Architecture and The New RTX 2080 Series
New NVIDIA Tesla T4 GPU and New TensorRT Software Enable Intelligent Voice, Video, Image and Recommendation Services
AMD Expected to Respond to NVIDIA's New RTX Real-Time Ray Tracing Technology
The PC GPU Market Decreased Year-to-year by 5 Percent
NVIDIA Brings Real-Time Ray Tracing to Gamers with GeForce RTX Graphics Card
Nvidia Reports Record Revenue From Datacenter, Gaming, Professional Visualization, Automotive
NVIDIA Unveils Turing Architecture, Quadro RTX Ray-Tracing GPU
NVIDIA Teases With GeForce Event Ahead Of Gamescom 2018
DARPA to Work With Nvidia, Qualcomm, IBM and Intel on Post-Moore's-law Projects
Daimler, Bosch to Use NVIDIA DRIVE for Robotaxi Fleets
Nvidia's GeForce GT 1030 With DDR4 Instead of GDDR5 Could Disappoint You

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .