Thursday, August 20th 2020

NVIDIA GeForce No Longer Company's Largest Revenue Source

NVIDIA on Wednesday posted its Q2 Fiscal Year 2021 financial results, and the most startling result has been a breakdown of the company's $3.86 billion quarterly revenue among its various businesses. Turns out, that Data Center, and not Gaming, is NVIDIA's largest revenue generator for the quarter. Growing 54 percent over the previous quarter, this division contributed $1.74 billion, as opposed to $1.65 billion from Gaming (up 24 percent QoQ). The Gaming business includes NVIDIA's GeForce line of discrete graphics solutions and the GeForce NOW cloud gaming service.

Much of the growth in revenues for the Data Center business is attributable to the addition of revenues by Mellanox - a network infrastructure company NVIDIA acquired, and adoption of NVIDIA's new A100 Tensor Core GPUs by several new supercomputer projects focused on AI. NVIDIA's scalar processors now power 2/3rds of the supercomputers on the TOP500 list.
Source: dylan522p (Reddit)
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10 Comments on NVIDIA GeForce No Longer Company's Largest Revenue Source

#1
Cheeseball
Not a Potato
This is not that surprising. Google, Amazon and Microsoft are seeing similar growth in this sector, which makes sense as NVIDIA is one of their suppliers. As long as IaaS continues propagating, this line of business is not stopping any time soon.
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#2
Legacy-ZA
Good; now overcharge the companies and give gamers a break, after all, your company nVidia, was built on the bones and broken backs of gamers. ;)
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#3
lemonadesoda
Will nV make a better job of GPU and ARM than AMD has made of GPU and x86?
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#4
Imouto
Their GeForce offerings are two years old. What did you expect?
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#5
Turmania
This diversification is the main reason why Intel list the lead in CPU business. Sometines focus is lost. I doubt, Nvdia will fall to same problem though.
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#6
davideneco
Not surprise with the turing fail

Nvidia have loose so much money on turing gaming card
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#7
kings
Turmania
This diversification is the main reason why Intel list the lead in CPU business. Sometines focus is lost. I doubt, Nvdia will fall to same problem though.
Diversification is what sometimes saves companies. If something goes wrong on one side, they have another to hold on to.

For example, If AMD didn't have the GPU division in the Bulldozer era, I doubt they would have survived.
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#8
Nokiron
davideneco
Not surprise with the turing fail

Nvidia have loose so much money on turing gaming card
What do you mean by this? Did you check the source?

Gaming revenue is up by 26% YoY. It's by the books a financial success. It might not be as good as they hoped, but it's still a success.
Gaming
Second-quarter revenue was $1.65 billion, up 24 percent from the previous quarter and up 26 percent from a year earlier.
nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-second-quarter-fiscal-2021
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#10
Xaled
The title should've been
"GeForce No Longer Company's Largest Revenue Source" Nvidia Says/Claims, Nvidia's financial results say or according to Nvidia's financial results etc


You are just keeping favouring Nvidia

Don't always believe nvidia. Especially in the in the financial results.



www.coindesk.com/nvidia-disguised-1b-in-fickle-crypto-mining-sales-as-gaming-revenue-lawsuit

wccftech.com/nvidia-sued-cryptocurrency-mining-revenue/

www.tomshardware.com/news/upset-investors-accuse-nvidia-of-masking-dollar1-billion-in-mining-gpu-revenue-as-gaming
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