SANTA CLARA, CA, Nov 19, 2020 – NVIDIA reported record revenue for the third quarter ended Oct 25, 2020, of $4726M compared with $3,866M for the second quarter ended July 26, 2020. Net income was $1336M.
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 firing on all cylinders, achieving record revenues in Gaming, Data Center and overall,” said Jensen Huang, founder and CEO of NVIDIA. “The new NVIDIA GeForce RTX GPU provides our largest-ever generational leap and demand is overwhelming. NVIDIA RTX has made ray tracing the new standard in gaming.
“We are continuing to raise the bar with NVIDIA AI. Our A100 compute platform is ramping fast, with the top cloud companies deploying it globally. We swept the industry AI inference benchmark, and our customers are moving some of the world’s most popular AI services into production, powered by NVIDIA technology.
“We announced the NVIDIA DPU programmable data center processor, and the planned acquisition of Arm, creator of the world’s most popular CPU. We are positioning NVIDIA for the age of AI, when computing will extend from the cloud to trillions of devices.”
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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