Nvidia’s Q4’16 Review: Strength in Gaming, Professional Visualization, Datacenter and Automotive …

Despite the continued PC slowdown, leading GPU manufacturer Nvidia (NASDAQ:NVDA) managed to report another quarter of strong growth in Q4 2016, beating Wall Street estimates. Q4 2016 was the third consecutive quarter in which Nvidia significantly exceeded its original guidance, and the strong performance was mainly driven by the company’s increasing strength in demand for its gaming, professional visualization, datacenter and automotive offerings. The four segments accounted for 85% of Nvidia’s Q4 2016 revenue, up from 78% a year earlier, and collectively increased  23% year-over-year. Over the years, Nvidia has managed to secure a well defined and strong position in each of the above mentioned growth markets, which we believe will help drive its growth going forward as well. Quick Snapshot of the Q4 2016 & 2016 Earnings Revenue reached a record $1.4 billion in Q4…


Link to Full Article: Nvidia’s Q4’16 Review: Strength in Gaming, Professional Visualization, Datacenter and Automotive …