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Nvidia on the horse, even in a pandemic. The company increased revenue, profits, and the sale of gaming graphics cards

IXBT.com fresh news all the sections together 22.05.2020 at 08:44

IXBT.com (http://www.ixbt.com) — specialized Russian information-analytical server, covering the hardware of personal computers, communications and servers, 3D graphics and audio, digital photo and video, Hi-Fi equipment and projectors, mobile phones and peripherals, gaming applications and more.

Nvidia has published a report on the first quarter of 2021 fiscal year. The revenue of the producer for the period amounted to 3.08 billion dollars, having increased in annual terms by 39%. Operating profit grew by 173% to 976 million dollars, and net income — on 133%, to 917 million dollars.

the revenue from the gaming area amounted to 1.34 billion dollars, and it's 27% more than the year before. Nvidia also recorded 80 percent growth in the sales of solutions aimed at data centers. But sales of the automotive solutions a few dipped: 7%, to $ 155 million.

it is Also worth noting that the acquisition of the company Mellanox for $ 7 billion in the report are not reflected, as it was closed in the second fiscal quarter of Nvidia.

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