Nvidia results not that hot
@ 2022/11/18Thank goodness for Lovelace*
The company named after a Roman vengence daemon Nvidia posted fairly disappointing results for the third quarter of its fiscal year 2023.
Analysts expected a mixed bag because Nvidia's Ada Lovelace and Hopper-based products are yet to make an impact. Sales of the company's gaming and professional graphics solutions slid quarter-over-quarter and year-over-year.
On the plus side, the outfit flogged shedloads of data centre gear such as the H100 compute GPUs and demand for the GeForce RTX 40-series is so high that Nvidia could not meet demand.
Nvidia's chief financial officer Colette Kress said: "Our new Ada Lovelace GPU architecture had an exceptional launch. The first Ada GPU, the GeForce RTX 4090 became available in mid-October at a tremendous demand and positive feedback from the gaming community. We sold out quickly in many locations and are working hard to keep up with demand."
The company named after a Roman vengence daemon Nvidia posted fairly disappointing results for the third quarter of its fiscal year 2023.
Analysts expected a mixed bag because Nvidia's Ada Lovelace and Hopper-based products are yet to make an impact. Sales of the company's gaming and professional graphics solutions slid quarter-over-quarter and year-over-year.
On the plus side, the outfit flogged shedloads of data centre gear such as the H100 compute GPUs and demand for the GeForce RTX 40-series is so high that Nvidia could not meet demand.
Nvidia's chief financial officer Colette Kress said: "Our new Ada Lovelace GPU architecture had an exceptional launch. The first Ada GPU, the GeForce RTX 4090 became available in mid-October at a tremendous demand and positive feedback from the gaming community. We sold out quickly in many locations and are working hard to keep up with demand."