NVIDIA reported revenue for the first quarter ended April 28, 2019, of $2,220M compared with $2,205M for the fourth quarter ended January 27, 2019.
Comparative analysis based on NVIDIA’s financial results in the last 12 quarters (Result source NVIDIA website)
Comparative analysis based on NVIDIA’s financial results in the last 12 quarters (Result source NVIDIA website)
“NVIDIA is back on an upward trajectory,” said Jensen Huang, founder and CEO of NVIDIA. “We’ve returned to growth in gaming, with nearly 100 new GeForce Max-Q laptops shipping. And NVIDIA RTX has gained broad industry support, making ray tracing the standard for next-generation gaming.
“Despite the near-term pause in demand from hyperscale customers, the application of AI continues to accelerate. AI adoption is accelerating in the world’s largest industries, moving beyond the cloud to the edge where AI processing has to be instantaneous. We’re excited about our pending acquisition of Mellanox, which will help us drive data center architecture for high performance computing and AI from the cloud to the edge,” he said.
A complete chart of the financial results is available here.
About NVIDIA
NVIDIA’s invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined modern computer graphics and revolutionized parallel computing. More recently, GPU deep learning ignited modern AI – the next era of computing – with the GPU acting as the brain of computers, robots and self-driving cars that can perceive and understand the world.
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