Newsletter IconFacebook IconX IconThreads IconInstagram IconYouTube IconPinterest Icon
Giveaway: Win an ASRock B850 Riptide WiFi and Phantom Gaming PG-850G PSU

NVIDIA smashes analyst expectations, more good to come

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

Comments
Gaming Editor
Published
Updated
45-second read time
Voice: Default
0:00 / --:--
Use left and right arrow keys to seek audio.

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".

News Source:blogs.barrons.com

Comments

Gaming Editor

Email IconX IconLinkedIn Icon

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.

Stay Updated

Follow TweakTown for breaking tech news, reviews, and daily updates.

Add TweakTown as a preferred source on GoogleFind TweakTown on Apple News
Newsletter Subscription