Spike in Demand for Gaming Drove Nvidia's Record Q3
Stay-at-home gaming drove Nvidia to record Q3 revenue of $4.73 billion, up 57% year on year and “well above our” forecast, said Chief Financial Officer Colette Kress on a Thursday call. Gaming revenue of $2.27 billion was “ahead of our…
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high expectations” and a 37% gain, she said. GeForce graphics processing units (GPUs) are generating “overwhelming demand” for desktop gaming PCs during the pandemic, said Kress.