Things are definitely seems good over in NVIDIA land current days. Yesterday afternoon, the company reported its fiscal Q4 2017 and full-year fiscal 2017 profits and earnings and the results were very impressive. Revenue for the quarter increase up 55 percent to $2.17 billion dollar comparison with the same period a year ago. Likewise, full-year revenue rose 38% year-over-year to $6.91 billion Dollar.
Non-GAAP profits and earnings per dedicated share for the quarter were announced at $1.13 dollar compared to just $0.52 dollar a year before, while the full-year estimates was $3.06, showing an 83 percent increase. Nearly all of NVIDIA’s business sectors witnessed growth during the quarter of the year, moreover with Gaming revenue increasing 66 percent to $1.35 billion and the increasingly essential Automotive sector increasing 38 percent to $128 million. However, the Datacenter division observe the biggest year-over-year growth, increasing 205 percent to $296 million.
Secret at NVIDIA
So, what’s the secret at NVIDIA to build such strong year-over-year gains? Well, during 2016 NVIDIA made a top-to-bottom renovate of its GPU lineup with the announced of the widely lauded Pascal architecture. Available for both the mobile and desktop devices platforms, Pascal GPUs have Showed in new wave affordable VR-ready graphics cards for the customers.
However, NVIDIA GPUs are also wide range used for deep knowledge learning, and as such, its Tesla family has also contributed honestly to the company’s bottom line. “Deep down learning on NVIDIA GPUs, a advanced approach to AI, is helping to handle challenges such as self-driving cars, early cancer diagnostic and weather forecasting,” said NVIDIA CEO and co-founder Jen-Hsun Huang. “We can now learn that GPU-based deep down learning will transform major industries, from consumer internet and transportation to manufacturing and health care. The era of AI is upon us.”
Other highlights are the arrival of Quadro GP100 GPU for the professional predicted market. NVIDIA also made ways in the automotive market with key success factor partnerships reached with Mercedes-Benz and Audi using the DRIVE PX 2 AI platform for self-driving capabilities.