Why NVIDIA Corporation’s Data-Center Business Surged 193% Last Quarter

Last quarter, graphics processing unit (GPU) specialist NVIDIA (NASDAQ:NVDA) reported that its data-center business saw revenue grow from just $82 million in the same quarter a year ago to $240 million. That’s a growth rate of 193%, making it far and away the fastest-growing segment of NVIDIA’s business last quarter. NVIDIA’s Tesla P100 data-center accelerator. Image source: NVIDIA.  That growth rate also helped to propel NVIDIA’s data-center efforts from being one of its two smallest business segments in the year-ago quarter (only automotive was smaller) to being its second-largest business. Let’s take a closer look at what drove this surge and what it might mean for NVIDIA’s business. NVIDIA’s CEO explains On a conference call with analysts following the report, analyst Mark Lipacis asked NVIDIA CEO Jen-Hsun Huang to explain…


Link to Full Article: Why NVIDIA Corporation’s Data-Center Business Surged 193% Last Quarter

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