NVIDIA posts third quarter profit of $84.9 million
NVIDIA announced a revenue of $843.9 million and net income of $84.9 million, or 15 cents per share, for its fiscal Q3 2011. Profit is down 21 percent year-over-year but the company did manage to beat analyst's expectations of earnings of 14 cents per share on revenue of $843.6 million. For the current quarter NVIDIA anticipates a 3 to 5 percent sequential increase in sales.
NVIDIA (NASDAQ: NVDA) today reported revenue of $843.9 million for the third quarter of fiscal 2011 ended Oct. 31, 2010, up 4.0 percent from the prior quarter and down 6.6 percent from $903.2 million from the same period a year earlier.
On a GAAP basis, the company recorded net income of $84.9 million, or $0.15 per diluted share, compared with a GAAP net loss of $141.0 million, or $0.25 per share, in the previous quarter and GAAP net income of $107.6 million, or $0.19 per diluted share, in the same period a year earlier. GAAP gross margin was 46.5 percent compared with 16.6 percent in the previous quarter and 43.4 percent in the same period a year earlier.
"We have turned the corner," said Jen-Hsun Huang, NVIDIA's president and chief executive officer. "We have restored our speed of execution and are regaining share in desktops. Only seven months after shipping our first processor based on the Fermi architecture, we have begun production on seven more GPUs, including the GeForce GTX 580, which sets a new standard for performance. The Fermi architecture is now in every segment of our desktop, notebook and workstation product lines.
"We've also made big strides this quarter in positioning ourselves at the center of cloud and mobile computing, which are transforming the computer landscape. Tesla now powers some of the world's fastest and greenest supercomputers. And Tegra will soon be featured in a range of smartphones and tablets we're building with our partners," he said.
The outlook for the fourth quarter of fiscal 2011 is as follows:
-- Revenue is expected to be up 3 to 5 percent from the third quarter.
-- GAAP gross margin is expected to be flat.
-- GAAP operating expenses are expected to be approximately $300 million.
-- GAAP tax rate is expected to be 18 to 20 percent.
Radeon HD 5550 rebranded to HD 6390 in Russia
Well that's interesting news, our colleagues over at TPU report that Sapphire has rebranded the Radeo HD 5550 to Radeon HD 6390 in the Russian market:
The Radeon HD 6300, at least the HD 6350, HD 6370 are reserved for an upcoming GPU codenamed "Caicos", its AMD reference board even made it through a casual photo-session. The HD 5550 and HD 6390 were found to have the same device IDs. An older version of GPU Caps Viewer detects it as HD 5550, while the latest version sees it as HD 6390. The HD 5550 is based on the 40 nm "Redwood" GPU, it has 320 out of 400 stream processors enabled, and a 128-bit wide memory interface to typically connect to GDDR3 memory. Some premium models also feature GDDR5 memory.
Its not the first time Sapphire pulls weird stunts like that, in the past they have been selling 256-bit graphics cards with 128-bit memory as well.
AMD Radeon 6900 series officially delayed
Next week two cards from the radeon 6900 where supposed to launch as all of you know. Lots of rumors already appeared on delays. We finally have a thing or two confirmed from AMD.
Unfortunately things got delayed a couple of weeks and Radeon series 6900 (Single GPU) will now launch in the week of December 13th. And that is confirmed info straight from AMD.
ECS P67H2-A Sandy bridge motherboard preview
In today's preview we'll show you a very exquisite offering from ECS, we'll preview their P67H2-A Sandy bridge motherboard. You'll notice a very impressive motherboard loaded with features and options, heck the P67H2-A even comes with not one, but two NEC USB controller allowing 4 ports, an Hydra chip is embedded so you can share and combine graphics cards and overall there's a lot more to see alright.
Have a peek and make note of the fact what extreme steps forward ECS has made as of lately, promising to be a real contender in the enthusiast segment of motherboards.
Check out the preview right here.
Retail threatens to ban Steam
Steam, The world's biggest digital distribution platform for games is under attack as MCV reports, they understand that key retailers will drop titles that integrate the popular Steam service as fears mount that the service has a
AMD Radeon HD 6970 delay due to component shortage
This TI component is an integrated driver-MOSFET (DrMOS) that was first used on AMD's Radeon HD 6800 Series. This DrMOS is so new to the point there is no information on it on the Web, not even from the manufacturer itself.
Supply of this DrMOS is limited, and since the Radeon HD 6800 Series and upcoming HD 6900 Series share the same VRM design, any (tight) supply from TI is shared between all the cards. This leads to a delay in HD 6970 card manufacturing, with partners receiving their final boards late as well.
It is interesting to note that AMD has also withheld the final BIOS from partners. It is an open question as to whether NVIDIA's just-launched GeForce GTX 580 flagship GPU and its performance figures has anything to do with this. That aside, the initial 22nd November date may be set to change; AIBs will only know the final launch date from AMD at the end of this week.
Zalman Announces 80 Plus Silver Certified ZM1000-HP PLUS PSUs
Zalman launches its 80 Plus Silver certified High End Power supply, the power efficiency has been increased up to 87% for the excellent performance (80 Plus SILVER certified) without any additional price increase.
The newly designed heatpipe block enhances cooling efficiency and minimize noise level by utilizing Zalman
MSI Homeplug ePower 1000HD kit
The well awarded MSI Homeplug 200AV kit now has a successor: The MSI Homeplug ePower 1000HD kit. This set, which contains two homeplug devices, will create a wired network through the user
S.T.A.L.K.E.R. TV Series ?
DD-GTX580 Block for the Nvidia GTX-580
Danger Den, working closely with Nvidia , has immediate availability of the DD-GTX580 block to liquid cool the world
Radeon HD 6990
AMD on Tuesday quietly announced that it would delay the roll-out of the company's next-generation flagship graphics product powered by two code-named Cayman chips. From the fourth quarter of this year, the new graphics board known as the Radeon HD 6990 or under code-name Antilles will be delayed to the first quarter of 2011 reports Xbitlabs.
At the financial analyst day AMD's graphics business unit quietly revealed a new roadmap for the short-term future. Based on the new roadmap, the company's highest-performance dual-chip Radeon HD 6990 "Antilles" will only be released in Q1 2011, which is a delay by several weeks from earlier unveiled roadmaps that were published on the Internet. In addition, AMD intends to release its code-named Turks and Caicos chips in the first quarter of next year.
The Radeon HD 6970 and 6950 based on code-named Cayman chip will be released this quarter, as planned.
At present specifications of ATI Radeon HD 6900-serires graphics processors as well as boards on their base are unknown, as a result it is impossible to make any predictions about speed levels in games offered by Cayman or Antilles products.
Considering the fact that Nvidia Corp. has just released its new flagship GeForce GTX 580, which offers up to 30% of performance increase over GeForce GTX 480 and generally offers a number of advantages compared to Radeon HD 5970, formally the highest-end consumer graphics card on the market, the delay of the Radeon HD 6990 is not a good news for AMD. The company's share on desktop discrete GPU market dropped from Q2 2010 to Q3 2010 slightly (from 44% to 41%, according to Mercury Research) after Nvidia released its GeForce GTX 460-series of graphics boards; the launch of a new flagship solution will impact sales of AMD's most lucrative high-end graphics boards and will also capture minds of high-performance graphics enthusiasts. The good news for the company is that its single-chip high-end offerings based on Cayman GPU are still on-track for the fourth quarter launch.
It should be noted that technically AMD can still announce the Radeon HD 6990 "Antilles" in 2010 in order to distract attention from Nvidia's new offering, however, even the company itself understands that the novelty will only be available in 2011 - Source xbitlabs
BTW we have not been able to verify this with AMD as of yet. We can however notce that the Cayman release is still on track as scheduled for a November release.
AMD Financial Analyst Day
At its annual Financial Analyst Day, AMD (NYSE: AMD) demonstrated how its unique combination of CPU and GPU computing technologies on a single die will enable breakthrough capabilities in an innovative processor design with planned OEM system availability in early 2011. AMD executives detailed how this new class of processor, AMD Fusion Accelerated Processing Units (APUs), is poised to create a sustained position of advantage by powering demanding PC workloads in sleek form factors with long battery life, pacing future AMD growth. AMD Fusion APUs are built from DirectX 11-capable GPU technology and either low-power or high-performance multi-core x86 CPU technology. These APUs are designed to vastly improve today's Internet, video processing and playback, and gaming (client and online) experiences. For the first time, AMD also demonstrated its new high-performance x86 multi-core CPU architecture codenamed "Bulldozer" and provided additional information around the "Bulldozer" launch schedule.
"AMD Fusion products represent the biggest advancement in processor technology since the industry's switch to multi-core designs," observed Nathan Brookwood, research fellow at Insight 64. "AMD Fusion enables a quantum increase in the performance of entry-level and mainstream processors, and helps software developers enrich their offerings in ways that would previously have been hard to imagine. These enhanced applications, in turn, will give the PC industry tools to tap into new opportunities that only the latest GPU technology can provide."
AMD Fusion APUs mark a significant leap forward in technology innovation to address evolving workloads and users' needs for smaller, more power-efficient form factors that enable richer visual computing experiences such as:
- Outstanding Web browsing experiences in terms of speed of response, quality of graphics, quality of animations;
- Smooth video playback of HD and 3D content in even the most portable form factors;
- Optimized experience in popular GPU-accelerated productivity applications such as Microsoft PowerPoint where AMD Fusion enables smooth transitions, better animations, easier video editing;
- Better content management capabilities to organize the millions of digital media files created and stored by consumers everyday;
- User interface innovations designed to rapidly evolve as new technologies such as gesture recognition and voice command take advantage of the massive parallel processing capability of GPUs as evidenced by the hundreds of gigaflops of compute power in the AMD Fusion APU codenamed "Llano".
AMD also announced several notable updates to its 2012 roadmaps including:
- "Krishna" and "Wichita": Two and four-core 28nm APUs based on the next-generation sub-one watt "Bobcat" CPU cores and a DirectX 11-capable GPU, designed for the tablet, notebook, HD netbook, and desktop form-factors;
- "Trinity": a 32nm APU based on AMD's next-generation "Bulldozer" CPU cores and a DirectX 11-capable GPU, designed for mainstream and high-performance desktops and notebooks;
- "Komodo": a 32nm CPU featuring up to 10 AMD "Bulldozer" CPU cores designed for high-performance and enthusiast desktops;
- "Terramar" and "Sepang": Two new 32nm CPUs for the server market based on AMD's "Bulldozer" CPU core. Targeted for the enterprise, mainstream market "Terramar" will scale up to 20 cores while "Sepang" is designed for the cost-optimized, energy efficient market and will scale up to 10 CPU cores.
EVGA releases four GeForce GTX 580 cards
The world's fastest GPU has arrived with the EVGA GeForce GTX 580. Experience blockbuster games like Call of Duty
Point of View GeForce GTX 580
Point of View known for its range of NVIDIA based 3D Graphics cards, Netbooks and other PC products, announces today its launch of the newest flagship enthusiast graphics cards: the Point of View GTX 580.
An intelligent thermal redesign of the cooler - using vapor chambers - have dropped down the operation temps massively. Combine the lower temperatures with a very energy efficient GPU and you have a winner.
The NVIDIA flagship GPU has the fastest support for the latest DirextX 11 technology. Hardware Physics (PhysX) calculations and lighting as well as the next gen tessellation technology is supported.
Featuring an insane amount of 512 shader cores, the GeForce GTX580 has been seen performing 15
Sparkle GeForce GTX 580 and Calibre
Sparkle announced a GeForce GTX 580 card based on the reference model. This card has a 772MHz core, 1544MHz shaders and 4008MHz memory.
SPARKLE Computer Co., Ltd., the professional VGA card manufacturer and supplier, today announced the SPARKLE GeForce GTX 580 Graphics Card, the fastest Graphics Card on the planet which give users game a adrenaline shot.
Additionally, the firm also introduced the Calibre X580. This card has a cooling solution from Arctic Cooling and features a 810MHz core, 1620MHz shaders and 4032MHz memory.
"Using the Accelero Xtreme cooling solution from Arctic Cooling, the Calibre X580 Graphics Card provides ultimate cooling weapon for hardcore gamers. The Accelero Xtreme features 5 heatpipes, 107 fins and 3 PWM fans. The radical optimized air flow design is targeting to cool effectively up to 240 Watt heat dissipation. The Accelero Xtreme can dramatically cool the temperature of the GTX 580 GPU at least 15
ASUS GeForce GTX 580 launches
ASUS introduced its GeForce GTX 580. This card is based on the reference model, it has the standard frequencies of 772MHz for the core, 1544MHz for the shaders and 1.5GB GDDR5 clocked at 4008MHz.
KFA2 GeForce GTX 580 Launches
KFA2, the European premium brand of Galaxy, introduced its GeForce GTX 580. KFA2, the new European premium brand of Galaxy, announced today its launch of the next generation NVIDIA