Nvidia’s quarterly revenue from gaming products grew 27 percent in its past quarter from last year. The quarterly revenues of Nvidia’s data center business unit exceeded the $ 1 billion mark for the first time.
Nvidia’s revenue from its Gaming branch was $ 1.34 billion, or $ 1.22 billion. That was 27 percent more than Nvidia converted in the same quarter last year. The company attributes the increase to “increased sales of its core gaming products.” Among other things, the increase in working from home and gaming has helped, according to the company. The company claims that the amount of time GeForce users spend on games has increased by 50 percent.
Nvidia points out that the demand for gaming GPUs was high and this would remain the case for the current quarter. Nvidia introduced a new line of laptop GPUs last quarter, including the RTX 2080 Super and 2070 Super. Nvidia further announced that its GeForce Now streaming service has 2 million new users since its beta expired in February.
Nvidia’s quarterly revenues from the Datacenter division grew 80 percent to $ 1.14 billion. According to the company’s CEO, Jensen Huang, that’s because accelerated computing is now becoming commonplace for data centers. Nvidia announced its A100 accelerator based on the new Ampère architecture last week high performance computing recently acquired Mellanox to drive further growth in the data center market.
Sales of the Professional visualization division of Quadro cards increased by 15 percent to $ 307 million, but Automotive revenue decreased by 7 percent to $ 155 million due to the negative impact of the corona crisis on the car market. Total sales were $ 3.08 billion, 39 percent higher than last year.