Increasing focus on the metaverse, a virtual world built on technologies like VR and augmented reality ( AR), is likely to create additional sources of demand for the company's data center chips. That development has helped to boost demand for Nvidia's chips used by data centers. Demand for remote computing power increased substantially during the pandemic as more and more people began working from home and businesses were forced to shift certain operations online. Both of those technologies are increasingly important for the rapidly growing data center market.
It turns out that the robust computational capabilities employed by GPUs to power video games and graphics software are also well-suited for technologies like AI and machine-learning. For the current quarter, Nvidia expects revenue of 3.65 billion (+/- 2), with Mellanox expected to contribute a low-teens percentage of the revenue. For the full year, ending in January, earnings of 3.74 per share would decline 16 year over year, while full-year revenue of 29.34 billion would rise 9 year over year.
Nvidia has traditionally specialized in making chips for the gaming and graphics industry, being a pioneer in the development of graphics processing units (GPUs). (RTTNews) - NVIDIA Corporation (NVDA) will host a conference call at 5:00 PM ET on August 18, 2021, to discuss Q2 22 earnings results. As mentioned above, investors will also be focusing on Nvidia's data center revenue. For the last reported quarter, Nvidia came out with earnings of 1.17 per share versus the Zacks Consensus Estimate of 1.11 per share, representing a surprise of 5.41.
0 kommentar(er)
