Nvidia has record Q2 quarter

@ 2017/08/13
Stocks down as it misses on automotive

Nvidia reported record revenue for the second quarter ended July 30, 2017, of $2.23 billion, up 56 percent from $1.43 billion a year earlier, and up 15 percent from $1.94 billion in the previous quarter.

Nvidia is enjoying amazing gaming Q2 as the revenue increased 59% to $1.9 billion from a year earlier. This is a 52% year on year and up 15% from Q1 Financial 2018. The success is a mix of vibrant gaming ecosystem, successful GPU launches accompanied by great games and growing interest in e-sports.

Nvidia quotes strong demands for Pascal based GeForce GTX 10 series as they have a good product mix at the moment.

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