Nvidia fourth quarter and the game AI chip sales reached $ 2.91 billion, up 10% from the previous quarter growth

Nvidia fourth quarter and the game AI chip sales reached $ 2.91 billion, up 10% from the previous quarter growth

Source: ATYUN AI platform 

Nvidia was once synonymous with the game console graphics chip. But now, it is using the same chip to drive the AI ​​calculations, and the company from the server to the new market autonomous vehicles.

The fourth quarter ended January 31, the Santa Clara, California-based company reported revenue and earnings exceeded Wall Street's expectations. Nvidia announced non-GAAP earnings per share were $ 1.72, up 52%, revenue of $ 2.91 billion, an increase of 34%. Revenue increased 10% from the previous quarter.

After the transaction, Nvidia's shares rose 11 percent, to $ 240.82 a share.

Analysts expect Nvidia will announce earnings per share of $ 1.16, an increase of 17% over the same period last year. Expected revenue for the quarter was $ 2.68 billion, an increase of 23%.

AI chip is still an important part of chip maker Nvidia business, and mining encryption currency is only a small part of the business, but they have been brought momentum for the company. Miners like Ethereum such encryption and Bitcoin currency has been in use graphics cards to accelerate the ability to obtain digital coin. Although the increase in currency instability encryption needs Nvidia's GPU game, but the company tried to play down the potential impact of this trend on its bottom line, in order to support the growth of AI reliable hardware brings.

Kevin Cassidy analyst on the "Wall Street Journal" means: "Nvidia has played down the importance of encryption, because they know it might be floating, depending on the price of money, they want to support the player's fan base."

2018 record revenue of $ 9.71 billion, up 41 percent from $ 6.91 billion a year earlier. GAAP diluted earnings per share were $ 4.82, up 88% from $ 2.57 last year. Non-GAAP diluted earnings per share were $ 4.92, a record high, up 61% from $ 3.06 last year.

Nvidia CEO Jen-Hsun Huang said in a statement: "We have achieved yet another record quarter, setting a good year .Nvidia GPU Technology Conference participants showed signs of a strong, reaching within five years 22,000, because the artificial intelligence, autonomous vehicles and software developers in other areas continue to find our GPU accelerated computing platform and the benefits of saving money. "

He added:... "Industries around the world are racing to join AI In fact, every Internet and cloud service providers to support our Volta GPU hundreds of transportation companies are using our platform from Nvidia Drive manufacturing, health care to intelligent cities, innovators who are creating the future use of our platform. "

Nvidia is only briefly mentioned, encryption currency exploitation help play a role in large-quarter results.

GPU in gaming, data center and professional visualization, and integration aspects of the Tegra processor sales growth contributed to this growth. PC game sales at Nvidia, holiday seasonal demand, Internet cafes upgrade, electronic games and the promotion of mining encryption currency, sales strong game GPU.

Data Center revenue was $ 606 million, an increase of 105% over last year. Professional visualization chip revenue of $ 254 million, while revenue Tegra processor was $ 450 million, an increase of 75% over the same period last year. Automotive revenue was $ 132 million, up 3% from a year earlier.

This switched ATYUN artificial intelligence media platforms, the original link: Nvidia fourth quarter and the game AI chip sales reached $ 2.91 billion, up 10% from the previous quarter growth

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