Nvidia sells more GPUs and Tegra chips for cars

Nvidia has achieved an increase in sales and profits mainly by supplying more GPUs and Tegra chips. Revenue from the Tegra socs increased by 51 percent compared to the same quarter last year. The automotive segment in particular performed well.

Sales from the delivery of GeForce GPUs for video cards and gaming laptops grew by 36 percent and laptops in particular performed well: shipments of graphics chips for gaming laptops doubled in the quarter compared to the same period last year. Nvidia announced this in an explanation of the quarterly figures. In total, turnover from GPUs grew by 13 percent. Good sales of video cards based on the new Maxwell GPUs would have contributed to the good results.

Sales from the delivery of the Tegra-system-on-a-chip grew by 51 percent compared to last year. In addition to good sales of those ARM chips for mobile devices and embedded systems, the automotive sector was also responsible for this. Sales from infotainment systems for cars doubled in one year. Tegra still makes up a small part of Nvidia’s business: the turnover from Tegra amounted to 165 million dollars, converted 133 million euros, against 991 million dollars, converted 800 million euros, for the GPU deliveries.

In the end, the total turnover amounted to 1.23 billion dollars, converted to 994 million euros, which was 16 percent higher than last year. Profits rose by 45 percent to $173 million, or 140 million euros.