SANTA CLARA, CA, Aug 20, 2018 – NVIDIA reported revenue for the second quarter ended July 29, 2018, of $3,123M, down 2.6% from $3207M in the previous quarter. Net income was $1101M.
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)
“Growth across every platform – AI, Gaming, Professional Visualization, self-driving cars – drove another great quarter,” said Jensen Huang, founder and CEO of NVIDIA. “Fueling our growth is the widening gap between demand for computing across every industry and the limits reached by traditional computing. Developers are jumping on the GPU-accelerated computing model that we pioneered for the boost they need.
“We announced Turing this week. Turing is the world’s first ray-tracing GPU and completes the NVIDIA RTX platform, realizing a 40-year dream of the computer graphics industry. Turing is a giant leap forward and the greatest advance for computing since we introduced CUDA over a decade ago.”
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.
More information at www.nvidia.com.
