• Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

Nvidia sales up 57%

Joined
Aug 5, 2020
Messages
199 (0.12/day)
System Name BUBSTER
Processor I7 13700K (6.1 GHZ XTU OC)
Motherboard Z690 Gigabyte Aorus Elite Pro
Cooling Arctic Freezer II 360 RGB
Memory 32GB G.Skill Trident Z RGB DDR4 4800MHz 2x16GB
Video Card(s) Asus GeForce RTX 3070 Super Dual OC
Storage Kingston KC 3000 PCIE4 1Tb + 2 Kingston KC 3000 1TB PCIE4 RAID 0 + 4 TB Crucial gen 4 +12 TB HDD
Display(s) Sony Bravia A85 j OLED
Case Corsair Carbide Air 540
Audio Device(s) Asus Xonar Essence STX II
Power Supply Corsair AX 850 Titanium
Mouse Corsair Gaming M65 Pro RGB + Razr Taipan
Keyboard Asus ROG Strix Flare Cherry MX Red + Corsair Gaming K65 lux RGB
Software Windows 11 Pro x64
Nvidia said it set company records for revenue and quarterly profit and that revenue was up 57% from the same period last year.

Nvidia’s big quarter was driven by its compute and networking segment, which was up 146% from a year ago to $1.94 billion. It was also boosted by the company’s graphics segment, which was up 25% from last year to $2.79 billion. In addition to reporting revenue in terms of those two segments, Nvidia also discloses revenue by which market the products are intended for.

Nvidia CEO Jensen Huang said that the company is expecting a strong half of the year in its gaming division. During the quarter, Nvidia revealed its new line of graphics cards based on a new technology it calls Ampere, and interest was strong. One of the new models, the GeForce RTX 3080, went on sale in September and immediately sold out.

Revenue in the gaming market was up 37% from last year to $2.27 billion, which the company called a record and attributed to sales of graphics cards to computer and console makers, and said that desktop sales benefitted from the launch of its new RTX graphics cards.

On Wednesday, the company said that both its gaming and data center divisions have also been boosted during the Covid-19 pandemic as customers need computers to work and play from home.
 
Joined
Dec 22, 2011
Messages
3,890 (0.82/day)
Processor AMD Ryzen 7 3700X
Motherboard MSI MAG B550 TOMAHAWK
Cooling AMD Wraith Prism
Memory Team Group Dark Pro 8Pack Edition 3600Mhz CL16
Video Card(s) NVIDIA GeForce RTX 3080 FE
Storage Kingston A2000 1TB + Seagate HDD workhorse
Display(s) Samsung 50" QN94A Neo QLED
Case Antec 1200
Power Supply Seasonic Focus GX-850
Mouse Razer Deathadder Chroma
Keyboard Logitech UltraX
Software Windows 11
Let me guess, Nvidia just posted superb quarterly results ?

Quick Google... Yep, smashed it:

SANTA CLARA, Calif., Nov. 18, 2020 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ: NVDA) today reported record revenue for the third quarter ended October 25, 2020, of $4.73 billion, up 57 percent from $3.01 billion a year earlier, and up 22 percent from $3.87 billion in the previous quarter.

 
Last edited:
Top