Nvidia’s server business eclipses gaming chips for first time, though maybe not for long

Nvidia Corp.’s data-center chips brought in more money than the gaming specialist’s core business for the first time in the company’s second quarter, but new gaming chips amid a pandemic-influenced boom in videogames are expected to flip that back around and produce even more record sales.

Gaming sales rose more than expected in the second quarter, totaling sales of $1.65 billion after posting revenue of $1.31 billion a year ago. The average Wall Street estimate called for sales of $1.41 billion. It was the first time data-center sales eclipsed gaming sales for the company, though that trend may not last — Nvidia is expected to announce a new line of Ampere gaming chips at a Sept. 1 event, and expectations for the gaming segment in the third quarter are high.

“Gaming is growing faster sequentially than data center in the next quarter. In our second quarter, DC surpassed gaming … [but] it will likely be gaming as we move into Q3,” she said “The thing that people haven’t realized about videogames is that it’s not just a game itself anymore,” Huang said. “You’re spending time with your friends. You’re using it to create, to realize your imaginations. People are using it for broadcast, for sharing ideas and techniques with other people, and then of course it’s just an incredibly fun way to spend time.”

AMD chips will be used in the next generation consoles coming out for Christmas.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Options traders bet Nvidia can keep the chips ripping when it reports earningsNvidia reports earnings after the bell on Wednesday. The stock is already up more than 100% this year, and options traders are betting on more gains.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Nvidia earnings beat expectations, its data center business is bigger than its gaming business for the first time everWith help from the $7 billion Mellanox acquisition, Nvidia's data center business delivered more revenue than the company's gaming unit for the first time. kiyo_osato 俺、ゲームしないからな～。。。。 それに先がある事業なのかな～？
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Nvidia earnings beat expectations, its data center business is bigger than its gaming business for the first time everWith help from the $7 billion Mellanox acquisition, Nvidia's data center business delivered more revenue than the company's gaming unit for the first time. kiyo_osato 俺、ゲームしないからな～。。。。 それに先がある事業なのかな～？
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Options traders bet Nvidia can keep the chips ripping when it reports earningsNvidia reports earnings after the bell on Wednesday. The stock is already up more than 100% this year, and options traders are betting on more gains.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »