NVIDIA smashes Q2 2018, more record revenue results

NVIDIA rolls on Q2 2018 with record revenues of $2.23 billion.

45 seconds read time

NVIDIA has just posted up its Q2 2018 fiscal year results, with the company continuing to pound out money from its success in the gaming market. Revenue reached a whopping $2.23 billion, up by a huge 56% year-over-year.

NVIDIA smashes Q2 2018, more record revenue results | TweakTown.com

NVIDIA's net income was $583 million, up a massive 123% year-over-year, which is huge. NVIDIA's success is coming from their gaming market, which is their largest source of revenue. PC gaming is still big business, with NVIDIA's gaming division making $1.186 billion, compared to $781 million this time last year. This is what happens when you're the sole maker of high-end/enthusiast graphics cards.

It's not just the GeForce business that NVIDIA is benefiting from, but it's also the datacenter division - quickly becoming a money generator. This time last year, NVIDIA was making just 11% of their revenue from the datacenter, but fast forward to Q2 2018 (fiscal) and it has jumped by 175% to $416 million. It used to be small, but now the datacenter makes up 19% of NVIDIA's revenue... not bad at all.

This is because of the massive investments NVIDIA has made into AI, deep learning, and more - and they will continue to push the boundaries there.

NEWS SOURCE:nvidianews.nvidia.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. 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.

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