Nvidia results not that hot

Stefan Mileschin · 18th November 2022, 08:36

Thank goodness for Lovelace*

The company named after a Roman vengence daemon Nvidia posted fairly disappointing results for the third quarter of its fiscal year 2023.

Analysts expected a mixed bag because Nvidia's Ada Lovelace and Hopper-based products are yet to make an impact. Sales of the company's gaming and professional graphics solutions slid quarter-over-quarter and year-over-year.

On the plus side, the outfit flogged shedloads of data centre gear such as the H100 compute GPUs and demand for the GeForce RTX 40-series is so high that Nvidia could not meet demand.

Nvidia's chief financial officer Colette Kress said: "Our new Ada Lovelace GPU architecture had an exceptional launch. The first Ada GPU, the GeForce RTX 4090 became available in mid-October at a tremendous demand and positive feedback from the gaming community. We sold out quickly in many locations and are working hard to keep up with demand."

https://fudzilla.com/news/55843-nvid...s-not-that-hot

18th November 2022, 08:36	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,575	Nvidia results not that hot Thank goodness for Lovelace* The company named after a Roman vengence daemon Nvidia posted fairly disappointing results for the third quarter of its fiscal year 2023. Analysts expected a mixed bag because Nvidia's Ada Lovelace and Hopper-based products are yet to make an impact. Sales of the company's gaming and professional graphics solutions slid quarter-over-quarter and year-over-year. On the plus side, the outfit flogged shedloads of data centre gear such as the H100 compute GPUs and demand for the GeForce RTX 40-series is so high that Nvidia could not meet demand. Nvidia's chief financial officer Colette Kress said: "Our new Ada Lovelace GPU architecture had an exceptional launch. The first Ada GPU, the GeForce RTX 4090 became available in mid-October at a tremendous demand and positive feedback from the gaming community. We sold out quickly in many locations and are working hard to keep up with demand." https://fudzilla.com/news/55843-nvid...s-not-that-hot

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