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Nvda stock earnings call fool
Nvda stock earnings call fool






We also added our first GFN data center in Canada. In addition, we teamed up with AT&T to bring GeForce NOW to 5G mobile devices in the U.S. This follows last month's beta release of the GeForce NOW for LG smart TVs. At CES, we announced a partnership with Samsung to integrate GeForce NOW in its smart TVs starting in Q2 of this year. We continue to expand the NVIDIA GeForce NOW cloud gaming ecosystem with new hit titles, including EA's Battlefield 4 and Battlefield V. Nearly all desktop NVIDIA Ampere architecture GeForce GPU shipments are light cache rate to help direct GeForce supply to gamers.Ĭryptomining processor revenue was $24 million, which is included in OEM and other. Our GPUs are capable of cryptocurrency mining, so we have limited visibility into how much of this impacts our overall GPU demand. In addition, several new titles support NVIDIA Reflex for low-latency impact. NVIDIA RTX ecosystem continues to expand with over 30 new RTX games and applications added this quarter, including blockbuster hit like Battlefield 2042, Grand Theft Auto, Call of Duty: Vanguard, and God of War.

nvda stock earnings call fool

Availability of our gaming products in the channel remains low. In addition to supporting the new RTX 30 Series GPUs, Studio laptops future support for NVIDIA software with Omniverse, Tundus, and Broadcast. These include a number of studio systems targeting the tens of millions of creators driving the future of design, innovation, and virtual world.

nvda stock earnings call fool

These leverage our fourth-generation Max-Q technology to enable quiet and light gaming laptops.Īll in, we announced over 160 new laptop designs for NVIDIA and tier architecture RTX 30 Series GPUs. Laptop gaming revenue also set a record, driven by the ramp of the new GeForce RTX 3070 Ti and 3080 GPUs, which were also announced at CES. At CES, we announced the RTX 3050 GPO, which hit retail in late January, bringing NVIDIA RTX and AI technologies to more mainstream audiences. Record desktop revenue in the quarter was led by our growth in our GeForce RTX 30 Series products with continued strength in the high end.

nvda stock earnings call fool

Just last month, Steam hit a record 28 million concurrent users, up 50% in two years. Gaming has become the top entertainment medium that continues to show strong momentum. Fiscal year revenue of $12.5 billion was up 61%. Starting with Gaming, revenue of $3.4 billion rose 6% sequentially and was up 37% from a year earlier. Full-year revenue was a record $26.9 billion, up 61%, compounding the prior year's growth of 53%.

nvda stock earnings call fool

We set records for total revenue, as well as for Gaming, Data Center, and Professional Visualization. We had an excellent quarter with revenue up 53% year on year to $7.6 billion. Colette Kress - Executive Vice President and Chief Financial Officer








Nvda stock earnings call fool