Nvidia reported a double decline in quarterly earnings / News / Overclockers.ua


Nvidia Corporation reported on the results of the second quarter, which ended on July 28. Over the past three months, sales from the leading GPU developer were nearly $ 2.6 billion, 17% worse than in the same period in 2018. At the same time, the company's net profit in weather comparisons dropped by half: from $ 1 , 1 billion to $ 552 million.


Nvidia yields

Nvidia has diversified its activities considerably in recent years, but despite this, the gaming division still generates most of the chipmaker's revenue. In May-July, green earned $ 1.3 billion in GPU sales for GeForce video adapters.

The announced amount is 24% more than in the previous three months and 27% less than the revenue of the second quarter of last year. At that time, however, the rates of many cryptocurrencies were several times higher than now, and the "cyberstailers" continued to purchase video cards, albeit not as violently as six months earlier.

Nvidia yields

Nvidia received $ 291 million from the sale of professional Quadro and Tesla line accelerators. The automotive division earned $ 209 million in revenue, showing a 30% increase in weather comparison, while data center products sold $ 655 million. Revenues from the OEM segment and intellectual property licenses amounted to $ 111 million.

The current quarter would be & # 39; more productive & # 39; Nvidia – the company is planning to achieve sales of $ 2.9 billion.