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: 3488
Joined: 2014-10-20
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.
Senior Member
Posts: 954
Joined: 2010-08-24
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.
Senior Member
Posts: 5771
Joined: 2003-09-15
Not suprised. Enjoying my card.
Senior Member
Posts: 8185
Joined: 2010-11-16
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
Posts: 6073
Joined: 2011-01-02
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.