Nvidia Profits Tripled In Q4 2016
Nvidia is happy alright, the graphics chip (or should we say parralel computing) company increased its net profit to $ 655 million (614 million euros). That's a tripled compared to the same quarter a year earlier.
The news reaches us thjroug figures of the fourth financial quarter for 2016. Revenues grew to $ 2.17 billion, an increase of 55 percent compared with a year earlier. Revenues from Nvidia's data center division, which manufactures chips for include Amazon, Microsoft and Alibaba also has tripled which summed up towards 926 million USD in revenues.
Nvidia speaks of record figures. "Our GPU platform is increasingly being used for artificial intelligence, cloud computers, gaming and self-propelled vehicles," said Nvidia founder Jen-Hsun Huang.
The company has reached all of its goals that quarter in terms of gaming, visualization, data centers and self-propelled vehicles. Exact figures on some departments have not been shared.
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Senior Member
Posts: 2501
Joined: 2014-01-21
I am not surprised at all,Team Green has been calling the shot's for some time now and I do not see that changing anytime soon! My last Amd gpu was a Radeon 6970 I have not looked back since then, the only card I was considering at the time was a R9 290X, and I still like the 295x2- Beast of a card! I do wonder howcome both Nvidia does not make dual-gpu video card's anymore?
Looking at old Gpu benchmark's is not as fun as before,It was like porn to me. Haha
Senior Member
Posts: 7158
Joined: 2012-11-10
Pascal release was very successful for Nvidia. Great performance of GTX1070 / GTX1080 finally justified people buying 1440@144hz panels. And while all this happening AMD has literally nothing to offer.
AMD stood still while people were throwing money at Nvidia.
Very presumptuous of you. We enthusiasts are a relatively small crowd. I highly doubt that Nvidia's growth came from the 1070 and 1080 - the 1070, though fairly priced, is still expensive, and the 1080 is really a niche market. There are more likely causes for Nvidia's success, such as the 1050Ti, 1060, mobile platforms, maybe Nintendo Switch, but most of all, servers (which likely make up more of their revenue than all their other sales combined). Also, AMD wasn't standing still, they were (and still are) in the process of getting the 490 released. Pascal was released at a pretty inconvenient time for them.
Regardless, I'd say Nvidia did earn their success. Pascal is the best thing they released since their Tesla architecture, and they're a very solid competitor in ARM.
Senior Member
Posts: 184
Joined: 2016-09-19
Now you know whay NVidia inccreased their gpu prices (when production cost goes lower) they do it just for happy announcment of doubled, tripled, quadrupled, tredecupled profit... Everything just for announce...
Senior Member
Posts: 8091
Joined: 2014-09-27
I'm glad for that actually. I don't like a lot of their practices, but NVIDIA has been a small company showing that with the proper talent you can do miracles.
Senior Member
Posts: 283
Joined: 2016-07-25
That's a nice looking crystal ball you have there