Tuesday, 9 May 2017

AI drives Nvidia’s soaring sales

Nvidia had Q1 revenues of $1.94 billion – up 48% y-o-y. Q1 operating profit was $554 million, up 126% y-o-y. GPUs accounted for $1.56 billion of revenues. Gross margin increased 1.9% y-o-y to 59.4%. Gaming revenue rose 49% y-o-y to $1.027 billion, datacentre revenues neatly tripled y-o-y to $409 million and auto sales were $140 ...

Read full article: AI drives Nvidia’s soaring sales



from Electronics Weekly https://www.electronicsweekly.com/news/business/ai-drives-nvidias-soaring-sales-2017-05/

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