Tweet
Nvidia Enjoys Record Sales Amid Thriving PC Games Business
Chipmaker Nvidia has reported what it deems as "record" sales for the three months sales period between November and January, due to a spike in demand for its new Maxwell graphics cards.
The corporation's revenue for the quarter was put at $1.25 billion, up by 9 percent from the same period last year, due in part by the availability of second-generation GeForce GPUs such as the GTX 980.
Nvidia says money from its GeForce GPUs climbed by 38 percent, pushing profits up by a third to reach $193 million. For the full year, total revenue climbed to $4.7 billion and net profits hit $630 million.
However, sales results of the company's micro-console, the Nvidia Shield, were not disclosed.
"Momentum is accelerating in each of our market-specialized platforms, driving record revenue in the quarter and full year," said the company's chief executive Jen-Hsun Huang.
Looking ahead, Nvidia will hold a presentation at the Game Developers Conference in March where the company is expected to reveal something that will "redefine the future of gaming."
More...
The corporation's revenue for the quarter was put at $1.25 billion, up by 9 percent from the same period last year, due in part by the availability of second-generation GeForce GPUs such as the GTX 980.
Nvidia says money from its GeForce GPUs climbed by 38 percent, pushing profits up by a third to reach $193 million. For the full year, total revenue climbed to $4.7 billion and net profits hit $630 million.
However, sales results of the company's micro-console, the Nvidia Shield, were not disclosed.
"Momentum is accelerating in each of our market-specialized platforms, driving record revenue in the quarter and full year," said the company's chief executive Jen-Hsun Huang.
Looking ahead, Nvidia will hold a presentation at the Game Developers Conference in March where the company is expected to reveal something that will "redefine the future of gaming."
More...