NVIDIA smashes Q2 2018, more record revenue results

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'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.