This is why Nvidia is making a killing with its latest graphics cards

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Nvidia has revealed its financial reports for the second quarter of the financial year, and by all accounts the hardware manufacturing is looking healthier than ever.

The company has reported a record revenue of $1.43 billion in the period between 1 May and 31 July, a 24% increase over the same period last year.

So why is Nvidia making so much money?  The biggest reasons are:

  • Introduced the first four members of its Pascal family of gaming GPUs: NVIDIA GeForce GTX 1080 and 1070, which have set records for speed and power efficiency; GTX 1060, which delivers immersive VR at strong value; and TITAN X, the most powerful consumer GPU ever built.
  • Unveiled Quadro P6000 to power the most advanced workstations, enabling designers to manipulate complex designs up to twice as fast as before.
  • Refreshed NVIDIA DesignWorks and NVIDIA VRWorks with new SDKs and updates that bring developers enhanced capabilities for interactive ray tracing, 360-degree video stitching and streaming and physically based materials.
  • Released its first game, NVIDIA VR Funhouse, which uses enhanced graphics, interactive audio and simulated physics to bring a new level of immersion to VR.
  • Released NVIDIA Ansel, an in-game 360-degree capture tool, which enables gamers to take and share screenshots of their favorite in-game moments.

Going forward, Nvidia’s outlook for the third quarter of 2017 is as follows:

  • Revenue is expected to be $1.68 billion, plus or minus two percent.
  • GAAP and non-GAAP gross margins are expected to be 57.8 percent and 58.0 percent, respectively, plus or minus 50 basis points.
  • GAAP operating expenses are expected to be approximately $530 million. Non-GAAP operating expenses are expected to be approximately $465 million.
  • GAAP and non-GAAP tax rates for the third quarter of fiscal 2017 are both expected to be 21 percent, plus or minus one percent.
  • Capital expenditures are expected to be approximately $35 million to $45 million.

Do you own one of Nvidia’s new Pascal cards? Let us know in the comments below and  in our forums.

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This is why Nvidia is making a killing with its latest graphics cards

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