NVIDIA smashes analyst expectations, more good to come

NVIDIA had a 'breakout quarter' fueled by Pascal GPUs, and deep learning dominance.

Anthony Garreffa

Gaming Editor

Published Nov 10, 2016 7:10 PM CST
Updated Nov 3, 2020 11:57 AM CST

45-second read time

NVIDIA has had a massive 2016, and now they're reaping those rewards with Q3 2016 results that have blown analysts expectations away.

NVIDIA smashes analyst expectations, more good to come | TweakTown.com

Analysts expected NVIDIA to hit $1.69 billion for the three-month period, but the company instead reached $2 billion - quite the difference. NVIDIA's gaming sector saw the biggest increase in revenue, especially compared to last quarter - with NVIDIA posting a huge 63% increase to $1.244 billion for the gaming sector.

Patrick Moorhead from Moor Insights & Strategy said: "NVIDIA had a stellar quarter and the company is hitting on all cylinders. GPUs and Tegra were up a combined 54% YoY driven by huge increases in gaming, datacenter and automotive with steady progress from pro graphics. It's hard to spot a hole right now in their lineup and as self-driving cars and machine learning become more popular, I believe NVIDIA will just keep improving".

Read more: NVIDIA posts $46.7 billion revenue for Q2 2025, up 56% from 2024 thanks to Blackwell AI GPUs

News Source:blogs.barrons.com

Anthony Garreffa

Gaming Editor

Anthony joined TweakTown in 2010 and has since reviewed 100s of tech products. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering and has recently taken a keen interest in artificial intelligence (AI) hardware.

Anthony's PC features Intel's Core i5-12600K paired with the GIGABYTE Z690 AERO-G, Corsair's 32GB DDR4-3200, and NVIDIA's GeForce RTX 4090 FE. It runs Sabrent's Rocket 4 Plus 4TB with Windows 11 Pro, housed in Lian Li's O11 Dynamic XL, and powered by ASUS's ROG Strix 850W. Accessories include the Logitech G915 Wireless keyboard, Logitech G502X Wireless mouse, and LG C3 48-inch OLED TV 4K 120Hz monitor.