This growth mainly resulted from the increased sales of notebook workstations’ graphics processing units (GPUs) and the ramp-up of Ampere architecture GPUs. Professional Visualization revenues jumped a whopping 156% year over year in the second quarter.

The Automotive segment’s revenues increased 37% year on year in the second quarter, primarily aided by the continued recovery in the global automotive production volumes. A series of blockbuster AAA titles, which pledged support for the NVIDIA RTX ray tracing technology might have been a positive as well.įurthermore, the company’s Automotive and Professional Visualization divisions have shown improving trends over the last two quarters.

NVIDIA’s growth opportunities in ray-traced gaming, rendering, high-performance computing and artificial intelligence are likely to have been driving factors during the period in discussion. An increase in Hyperscale demand and growing adoption in the inference market are likely to have been tailwinds in the to-be-reported quarter.

The pandemic-induced remote-working wave is likely to have bolstered sales of graphic chips utilized in desktops and laptops and is anticipated to have aided NVIDIA’s third-quarter performance.Ĭontinued strength in its data-center business on the growing adoption of cloud-based solutions amid the COVID-19 crisis-induced work-from-home wave is expected to have boosted the company’s revenues. NVIDIA Corporation price-eps-surprise | NVIDIA Corporation Quote Factors at Play NVIDIA Corporation Price and EPS Surprise

Nvda earnings q3