Friday, August 12, 2016

NVIDIA Posts Record Q2 Revenue of $1.43 Billion, up 24% YoY

NVIDIA posted record revenue of $1.43 billion for its Q2, ended 31-July-2016, up 24 percent from $1.15 billion a year earlier, and up 9 percent from $1.30 billion in the previous quarter. GAAP earnings per diluted share for the quarter were $0.40, compared with $0.05 a year ago and up 21 percent from $0.33 in the previous quarter.

"Strong demand for our new Pascal-generation GPUs and surging interest in deep learning drove record results," said Jen-Hsun Huang, co-founder and chief executive officer, NVIDIA. "Our strategy to focus on creating the future where graphics, computer vision and artificial intelligence converge is fueling growth across our specialized platforms -- Gaming, Pro Visualization, Datacenter and Automotive." "We are more excited than ever about the impact of deep learning and AI, which will touch every industry and market. We have made significant investments over the past five years to evolve our entire GPU computing stack for deep learning. Now, we are well positioned to partner with researchers and developers all over the world to democratize this powerful technology and invent its future," he said.

http://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-second-quarter-fiscal-2017

NVIDIA Unveils GPU Accelerators for Deep Learning AI



NVIDIA unveiled its most advanced accelerator to date -- the Tesla P100 -- based on Pascal architecture and composed of an array of Graphics Processing Clusters (GPCs), Streaming Multiprocessors (SMs), and memory controllers. The Tesla P100, which is implemented in 16nm FinFET on a massive 610mm2die, enables a new class of servers that can deliver the performance of hundreds of CPU server nodes. NVIDIA said its accelerator brings five breakthroughs: NVIDIA...


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