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Nvidia sees profits triple

Nvidia sees profits triple

Photo: AFP

Chipbedrijf Nvidia saw in the last quarter, its net profit increase to 655 million (614 million euros). That is a trebling compared with the same quarter a year earlier.

That is according to figures from the company over the fourth financial quarter of 2016. In the same quarter in 2015 was 207 million dollars in net profit reported.

The revenue of Nvidia, and has grown to 2.17 billion dollars, an increase of 55 percent compared with a year earlier.

The sales of Nvidia’s datacenterafdeling, who chips it manufactures for, among others, Amazon, Microsoft and Alibaba, have more than tripled. It was here, according to Nvidia 926 million dollars in revenue.

Nvidia speaks of record figures. “Our GPU-platform is increasingly being used for artificial intelligence, cloudcomputers, gaming and self-propelled vehicles,” said Nvidia founder Jen-Hsun Huang.

The company sets all of his goals in the quarter to have met on the field of gaming, visualization, data centers, and self-propelled vehicles. Exact figures on some of these sections, however, are not shared.

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