NVIDIA GPU Shipments Rose 39 Percent During Q3 Thanks To Strong Pascal Sales
Like the former Red Sox star David Ortiz stepping up to the plate and knocking one out of the park, NVIDIA stepped up its game this year and hit a home run with its Pascal architecture. Now it gets to reap the rewards of all the R&D that went into its latest and by far greatest GPUs it ever released. Sales are up big time, and NVIDIA's share of the GPU market is on the rise.
We already reported on NVIDIA's earnings in the third quarter, but to quickly recap, it GPU maker collected record revenue of $2 billion for the three-month period ended October 30, 2016, up 54 percent from the $1.3 billion it raked in during the same period a year prior and a 40 percent sequential bump. That resulted in a profit of $542 million for the quarter, more than double the $261 million profit from the previous quarter and up 120 percent from what it collect a year ago.
Those are obscene numbers and newly released data from market research firm Jon Peddie Research only adds to them. The tracking firm notes that NVIDIA's overall GPU shipments jumped an impressive 39 percent last quarter, eclipsing shipment gains by AMD (20 percent) and Intel (18 percent) combined.
"If anyone doubted that the PC was the platform of choice for gaming, this quarter’s results will correct that misconception. The gaming market is lifting the entire PC market and has over whelmed the console market," JPR said.
NVIDIA's standout performance was fueled by a new line of Pascal products that came out right around the same time as several graphically demanding AAA games. That helped discrete GPUs increase their presence to more than a third of PCs (34.84 percent), a rise of more than 7 percent from the last quarter.
"It was one of, if not the best quarter in Nvidia’s history, which the company attributes to the strong acceptance and demand for its new Pascal line of graphics chips and boards. The company’s share price is at an all-time high," JPR added.
For anyone rooting for AMD, don't despair, it's still a close race overall in the graphics sector. Intel still dominates with a 70.9 percent share of the graphics market (it sells a lot of CPUs with integrated graphics), while NVIDIA and AMD are sitting at 16.1 percent and 13 percent, respectively.
We already reported on NVIDIA's earnings in the third quarter, but to quickly recap, it GPU maker collected record revenue of $2 billion for the three-month period ended October 30, 2016, up 54 percent from the $1.3 billion it raked in during the same period a year prior and a 40 percent sequential bump. That resulted in a profit of $542 million for the quarter, more than double the $261 million profit from the previous quarter and up 120 percent from what it collect a year ago.
Those are obscene numbers and newly released data from market research firm Jon Peddie Research only adds to them. The tracking firm notes that NVIDIA's overall GPU shipments jumped an impressive 39 percent last quarter, eclipsing shipment gains by AMD (20 percent) and Intel (18 percent) combined.
"If anyone doubted that the PC was the platform of choice for gaming, this quarter’s results will correct that misconception. The gaming market is lifting the entire PC market and has over whelmed the console market," JPR said.
NVIDIA's standout performance was fueled by a new line of Pascal products that came out right around the same time as several graphically demanding AAA games. That helped discrete GPUs increase their presence to more than a third of PCs (34.84 percent), a rise of more than 7 percent from the last quarter.
"It was one of, if not the best quarter in Nvidia’s history, which the company attributes to the strong acceptance and demand for its new Pascal line of graphics chips and boards. The company’s share price is at an all-time high," JPR added.
For anyone rooting for AMD, don't despair, it's still a close race overall in the graphics sector. Intel still dominates with a 70.9 percent share of the graphics market (it sells a lot of CPUs with integrated graphics), while NVIDIA and AMD are sitting at 16.1 percent and 13 percent, respectively.
