Technology

Nvidia Breaks One More Record

It's financial this time

By Alexandru Pancescu, Hardware Editor

10th of August 2007, 07:59 GMT

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The graphics chips manufacturer and vendor Nvidia reported record financial achievements as its revenues increased during the second fiscal quarter of the year. According to the company, this is a new record as the revenue came in the sum of $935.3 million, a 36 percent increase from the last quarter's revenue that totaled $687.5

million.

"NVIDIA delivered an outstanding quarter, with record revenue, record gross margin, and record net income. These results reflect the growing importance of the GPU as well as great execution across the company," said Jen-Hsun Huang, president and chief executive officer of NVIDIA, who was cited by the news site DailyTech. The graphics chips manufacturer continues its aggressive market expansion at the expense of AMD's graphics division, formerly known as the independent company ATI. Market researchers claim that Nvidia has a huge market share, reaching up to 66 percent of the total market segment dedicated to desktop computing systems. On the latest and high end graphics cards market, it looks as if Nvidia is the supreme ruler, having a 75 percent share of the DirectX 10 market as AMD's graphics division trailed behind and only recently released any competing products. In the mobile graphics sector, Nvidia rules too, with a market share of 68 percent.

"Our mainstream DX10 GPUs entered the market a solid one-two quarters ahead," Jen-Hsun Huang said. "The momentum is very strong. The market share data reflects that." The company said that the success on the high end market concerning DirectX 10 capable cards is because they took the lead from AMD and reached the market a few months earlier than the competition. According to Nvidia, all production facilities are operating at maximum capacity as the company prepares for the usual high end graphics cards launch during the fall, with mainstream and lower end products coming later, during spring.

TAGS:

Nvidia | video | graphics | market | profit

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