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Nvidia’s Q1 FY20 results

Nvidia reported revenue from some platforms—Gaming and Automotive were up, while Data center, Professional Visualization, and OEM saw a decline quarter-to-quarter.    The company’s GPU business revenue was $2.02 billion, down 27% from a year earlier and up 2% sequentially.  “NVIDIA is back on an upward trajectory,” said Jensen Huang, founder, and CEO of Nvidia. “We’ve returned to growth in ...

Jon Peddie

Nvidia reported revenue from some platforms—Gaming and Automotive were up, while Data center, Professional Visualization, and OEM saw a decline quarter-to-quarter.    The company’s GPU business revenue was $2.02 billion, down 27% from a year earlier and up 2% sequentially.  “NVIDIA is back on an upward trajectory,” said Jensen Huang, founder, and CEO of Nvidia. “We’ve returned to growth in gaming, with nearly 100 new GeForce Max-Q laptops shipping. And Nvidia RTX has gained broad industry support, making ray tracing the standard for next-generation gaming.” GAAP gross margin decreased to 58.4% for the first quarter of the fiscal year 2020
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