Nvidia Corp. reported Wednesday that quarterly sales topped $ 5 billion for the first time in the fourth quarter, as holiday gaming-chip demand and renewed interest in cryptocurrency mining vied with supply shortages. Gaming sales surged 67% to a company record $ 2.5 billion, on gaming-card demand that Chief Executive …
Read More »Earnings Results: AMD expects gaming, data center to remain strong in 2021 as quarterly revenue tops $3 billion for first time
Advanced Micro Devices Inc. expects strong data-center and gaming sales to keep sales strong into 2021 after the chip maker topped $ 3 billion in quarterly revenue for the first time late Tuesday and its results and outlook both topped Wall Street estimates. AMD AMD, +0.62% reported fourth-quarter net income of …
Read More »MarketWatch First Take: It’s official: Nvidia is not just a gaming company anymore
Nvidia Corp., long known as a graphics-chip maker for videogaming, is turning into more of a data-center company. Nvidia reported strong first-quarter earnings Thursday, as sales of data-center chips soared 80% and surpassed $ 1 billion in a single quarter for the first time, at $ 1.13 billion, while gaming …
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