Gaming, datacentre strength propels Nvidia to another solid quarter

Flying high: Jen-Hsun Huang said strong demand for Pascal-generation GPUs and surging interest in deep learning drove record results. — EPA Chipmaker Nvidia Corp reported its fastest quarterly sales growth in nearly five years, powered by strong demand for the company’s processors used in gaming computers and in datacentres. Shares of the company, which also forecast current-quarter revenue above analysts’ estimates, were up about 3% at US$61.43 (RM246.60) in after-hours trading on Thursday, on pace to open at a record high on Friday. Nvidia has emerged as a dominant player in the high-end PC gaming market, where its chips power graphics for popular video games such as Grand Theft Auto and Call of Duty. The gaming division accounts for more than half of the company’s total revenue. The company is…


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