{"id":101030,"date":"2016-08-15T10:58:23","date_gmt":"2016-08-15T08:58:23","guid":{"rendered":"http:\/\/mygaming.co.za\/news\/?p=101030"},"modified":"2016-08-15T10:59:43","modified_gmt":"2016-08-15T08:59:43","slug":"this-is-why-nvidia-is-making-a-killing-with-its-latest-graphics-cards","status":"publish","type":"post","link":"https:\/\/mygaming.co.za\/news\/business\/101030-this-is-why-nvidia-is-making-a-killing-with-its-latest-graphics-cards","title":{"rendered":"This is why Nvidia is making a killing with its latest graphics cards"},"content":{"rendered":"<p>Nvidia has revealed its <strong><a href=\"http:\/\/nvidianews.nvidia.com\/news\/nvidia-announces-financial-results-for-second-quarter-fiscal-2017\" target=\"_blank\">financial reports<\/a><\/strong> for the second quarter of the financial year, and by all accounts the hardware manufacturing is\u00a0looking healthier than ever.<\/p>\n<p>The company has reported a record revenue of<strong> $1.43 billion<\/strong> in the period between 1 May and 31 July, a<strong> 24% increase<\/strong> over the same period last year.<\/p>\n<p><strong>So why is Nvidia making so much money?<\/strong>\u00a0 The biggest reasons are:<\/p>\n<div id=\"stcpDiv\">\n<ul>\n<li>Introduced the first four members of its Pascal family of gaming GPUs: NVIDIA GeForce\u00a0<strong><a href=\"http:\/\/ctt.marketwire.com\/?release=1272655&amp;id=9227281&amp;type=1&amp;url=http%3a%2f%2fnvidianews.nvidia.com%2fnews%2fa-quantum-leap-in-gaming%3a-nvidia-introduces-geforce-gtx-1080%23source%3dpr\" rel=\"nofollow\">GTX 1080<\/a><\/strong> and <strong><a href=\"http:\/\/ctt.marketwire.com\/?release=1272655&amp;id=9227284&amp;type=1&amp;url=https%3a%2f%2fblogs.nvidia.com%2fblog%2f2016%2f05%2f31%2fgeforce-gtx-1070%2f%23source%3dpr\" rel=\"nofollow\">1070<\/a><\/strong>, which have set records for speed and power efficiency; <strong><a href=\"http:\/\/ctt.marketwire.com\/?release=1272655&amp;id=9227287&amp;type=1&amp;url=http%3a%2f%2fnvidianews.nvidia.com%2fnews%2fa-quantum-leap-for-every-gamer%3a-nvidia-unveils-the-geforce-gtx-1060%23source%3dpr\" rel=\"nofollow\">GTX 1060<\/a><\/strong>, which delivers immersive VR at strong value; and <strong><a href=\"http:\/\/ctt.marketwire.com\/?release=1272655&amp;id=9227290&amp;type=1&amp;url=https%3a%2f%2fblogs.nvidia.com%2fblog%2f2016%2f07%2f21%2ftitan-x%2f%23source%3dpr\" rel=\"nofollow\">TITAN X<\/a>,<\/strong> the most powerful consumer GPU ever built.<\/li>\n<li>\n<div id=\"stcpDiv\">Unveiled Quadro P6000 to power the most advanced workstations, enabling designers to manipulate complex designs up to twice as fast as before.<\/div>\n<\/li>\n<li>\n<div id=\"stcpDiv\">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.<\/div>\n<\/li>\n<li>Released its first game, <strong><a href=\"http:\/\/ctt.marketwire.com\/?release=1272655&amp;id=9227293&amp;type=1&amp;url=https%3a%2f%2fblogs.nvidia.com%2fblog%2f2016%2f07%2f14%2fvr-funhouse-advanced-vr-game%2f%23source%3dpr\" rel=\"nofollow\">NVIDIA VR Funhouse<\/a><\/strong>, which uses enhanced graphics, interactive audio and simulated physics to bring a new level of immersion to VR.<\/li>\n<li>Released <strong><a href=\"http:\/\/ctt.marketwire.com\/?release=1272655&amp;id=9227296&amp;type=1&amp;url=https%3a%2f%2fblogs.nvidia.com%2fblog%2f2016%2f05%2f06%2fnvidia-ansel-game-capture%2f%23source%3dpr\" rel=\"nofollow\">NVIDIA Ansel<\/a><\/strong>, an in-game 360-degree capture tool, which enables gamers to take and share screenshots of their favorite in-game moments.<\/li>\n<\/ul>\n<p><strong>Going forward,<\/strong>\u00a0<strong>Nvidia&#8217;s outlook for the third quarter of 2017 is as follows:<\/strong><\/p>\n<div id=\"stcpDiv\">\n<ul>\n<li>Revenue is expected to be $1.68 billion, plus or minus two percent.<\/li>\n<li>GAAP and non-GAAP gross margins are expected to be 57.8 percent and 58.0 percent, respectively, plus or minus 50 basis points.<\/li>\n<li>GAAP operating expenses are expected to be approximately $530 million. Non-GAAP operating expenses are expected to be approximately $465 million.<\/li>\n<li>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.<\/li>\n<li>Capital expenditures are expected to be approximately $35 million to $45 million.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<hr \/>\n<p><strong>Do you own one of Nvidia&#8217;s new Pascal cards? Let us know in the comments below and\u00a0 in our forums.<\/strong><\/p>\n<h3 class=\"my-4\">More gaming news<\/h3>\n<p><strong><a title=\"Permalink to Awesome tech and gaming specials\" href=\"http:\/\/mygaming.co.za\/news\/pc\/100866-awesome-tech-and-gaming-specials-2.html\" rel=\"bookmark\">Awesome tech and gaming specials<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to MyGaming is getting a new logo, and you get to choose it\" href=\"http:\/\/mygaming.co.za\/news\/business\/100922-mygaming-is-getting-a-new-logo-and-you-get-to-choose-it.html\" rel=\"bookmark\">MyGaming is getting a new logo, and you get to choose it<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to The most Badass women in gaming\" href=\"http:\/\/mygaming.co.za\/news\/pc\/100275-the-most-badass-women-in-gaming.html\" rel=\"bookmark\">The most Badass women in gaming<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is the ridiculous amount of money Nvidia has made in the last three months alone.<\/p>\n","protected":false},"author":234,"featured_media":88869,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,3],"tags":[9907,47,45,14875,10879],"class_list":["post-101030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-hardware","category-pc","tag-earnings","tag-gpu","tag-nvidia","tag-pascal","tag-report"],"_links":{"self":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/101030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/users\/234"}],"replies":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/comments?post=101030"}],"version-history":[{"count":1,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/101030\/revisions"}],"predecessor-version":[{"id":101044,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/101030\/revisions\/101044"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/media\/88869"}],"wp:attachment":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/media?parent=101030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/categories?post=101030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/tags?post=101030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}