Nvidia Rides Growth In Auto Tech, Cloud & Data Centers — And The Explosion In ‘Battle Royale’ Gaming

May 16 02:05 2018 Print This Article

Nvidia’s bread-and-butter markets are gaming, data centers, and auto tech. Despite all the hand-wringing about cryptocurrency mining, Nvidia has barely mentioned cryptocurrency keywords on its calls. For the last few years, however, the C-suite has talked data centers and auto with far greater frequency on earnings calls.

On its most recent earnings call, Nvidia warned investors that cryptocurrency  miners’ demand for GPUs will drop by two-thirds due to increased mining difficulty. CFO Colette Kress said, “Cryptocurrency demand was again stronger than expected, but we were able to fulfill most of it with crypto-specific GPUs … Looking into Q2, we expect crypto-specific revenue to be about one-third of its Q1 level.” After a cryptocurrency bull run into early 2018, hype has fallen and miners are seeing profits shrink. And some miners are turning to more energy-efficient ASIC chips.

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CB Insights analyzes data on private companies in emerging industries to provide predictive intelligence on company health and strategy, investor performance and technology adoption trends. They aggregate and analyze massive amounts of data and use machine learning, algorithms and data visualization to help corporations replace search engines, and corporate financial institutes, so they can answer massive strategic questions using probability not punditry. With backing from the National Science Foundation and venture capital investors, CB Insights mines terabytes of data and knowledge contained in patents, venture capital financings, M&A transactions, hiring, startup and investor websites, news sentiment, social media chatter, hiring activity and more.

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