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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.
Nvidia Prevents Reselling Bundled Games By Forcing GeForce Experience - 02/03/2017 12:51 PM
Right, this is going to be a complicated story to explain. As you guys know I have been rather critical towards what Nvidia is doing with GeForce Experience. At first it was intended to be a platform ...
Nvidia Pascal GP100 Die Shot Photo - 08/25/2016 10:05 AM
Over at the Hot Chips symposium Nvidia has been sharing a thing or two with media. Quite interesting is a new photo series of the GP100. Now do not confuse GP100 with the GP102 that is housed in the N...
Nvidia Pascal GP104-400 GPU photo surfaces and shows GDDR5X Memory - 04/25/2016 09:45 AM
Yet another PCB photo appeared with on it, a GPU seated. This time it is the GP104-400-A1 GPU which which would be the 3rd Pascal GPU surfacing, and kind of seems to cinfirm a 980 Ti succesor, the ...
NVIDIA partners halt GeForce GTX 970, 980, 980Ti production and GPU Pascal codenames surface - 04/13/2016 09:25 AM
In anticipation of upcoming Pascal products in the coming month or two, at least that's what hwbattle is reporting this morning. As we get closer to the actual launch more and more tiny little detai...
Nvidia Pascal Consumer card announced during Computex - 04/11/2016 02:48 PM
But they will launch later ... Nvidia is to announce its consumer grade Pascal graphics cards at Computex 2016 from May 31-June 4, graphics card manufacturers include Asus, Gigabyte and MSI. They wou...
cryohellinc
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Joined: 2014-10-20
Senior Member
Posts: 3520
Joined: 2014-10-20
#5390946 Posted on: 02/10/2017 03:01 PM
Nvidia should not make a same mistakes Intel currently makes. Intel slacked far too long, and result is now AMD will introduce a better product at lower price. Might be a substential kick for them, i doubt Vega will be much better then Pascal ( i will be disgusted if AMD wont at least match the gtx 1080 performance ) otherwise we will see next nvidia card gtx 1180 at 1500$ per piece. Disgusting.
Nvidia should not make a same mistakes Intel currently makes. Intel slacked far too long, and result is now AMD will introduce a better product at lower price. Might be a substential kick for them, i doubt Vega will be much better then Pascal ( i will be disgusted if AMD wont at least match the gtx 1080 performance ) otherwise we will see next nvidia card gtx 1180 at 1500$ per piece. Disgusting.
xIcarus
Senior Member
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Joined: 2010-08-24
Senior Member
Posts: 973
Joined: 2010-08-24
#5390955 Posted on: 02/10/2017 03:13 PM
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.
Well normally I would argue that the 1070 and upper aren't a significant portion of the market, but last gen the 970 was the most popular gaming card.
AMD do have the 480 which is really a better choice in that segment (they've evolved really well from launch and they will probably ontinue to do so) - however they're not only losing sales from the high-end, but from the entry-level as well. The 460 is not a bad card but the 1050Ti is simply murder at the same price as the 4GB 460. It's not even remotely a competition.
The only cards AMD are massively selling right now are the 470 and 480, where the 1060 also competes (and is doing an ok job). The rest of the lineup simply goes to Nvidia.
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.
Well normally I would argue that the 1070 and upper aren't a significant portion of the market, but last gen the 970 was the most popular gaming card.
AMD do have the 480 which is really a better choice in that segment (they've evolved really well from launch and they will probably ontinue to do so) - however they're not only losing sales from the high-end, but from the entry-level as well. The 460 is not a bad card but the 1050Ti is simply murder at the same price as the 4GB 460. It's not even remotely a competition.
The only cards AMD are massively selling right now are the 470 and 480, where the 1060 also competes (and is doing an ok job). The rest of the lineup simply goes to Nvidia.
Stormyandcold
Senior Member
Posts: 5827
Joined: 2003-09-15
Senior Member
Posts: 5827
Joined: 2003-09-15
#5390956 Posted on: 02/10/2017 03:15 PM
Not suprised. Enjoying my card.
Not suprised. Enjoying my card.
Noisiv
Senior Member
Posts: 8192
Joined: 2010-11-16
Senior Member
Posts: 8192
Joined: 2010-11-16
#5390957 Posted on: 02/10/2017 03:21 PM
Insane profits and all around growth.
Nvidia is 60 billion $ company as of today.
Three years ago when GTX 780 Ti launched, Nvidia's total enterprise value was only 6 billion.
http://www.investopedia.com/terms/e/enterprisevalue.asp
Insane profits and all around growth.
Nvidia is 60 billion $ company as of today.
Three years ago when GTX 780 Ti launched, Nvidia's total enterprise value was only 6 billion.
http://www.investopedia.com/terms/e/enterprisevalue.asp
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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.