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Nvidia predicts slower growth for data center market

admin by admin
August 21, 2020
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Nvidia predicts slower growth for data center market
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Nvidia predicts a slowdown in the market Conserva Dragun | 21.08.2020

The data center revenue has doubled compared with the previous year.

Sales of Nvidia processors for data centers in the second quarter was $1.75 billion Is 167% more than in the same period of 2019. Revenue from gaming processors reached $1.65 billion, up 26%
more than a year earlier.

Nvidia is the largest producer of processors that make video games on computers as realistic as possible. The company then established a unit, which produces components for equipment
the data centers. The income of this unit for the first time exceeded the profit from the gaming business. Nvidia expects third-quarter whole revenue will be $4.4 billion

The global transition to working from home led to a rise in laptop sales and increase in demand for cloud services that use Nvidia. The manufacturer expects that the trend
will continue in the future — the demand for cloud services will continue to grow, the epidemic is only accelerated migration to the cloud.

Now Nvidia is negotiating the acquisition of the company Arm Ltd., whose technology chips are the basis of the smartphone industry. Talks will lead to the largest merger in the history of the industry and more
strengthen the position of Nvidia on the market.

Data center the data center (DPC) Processor

Nvidia

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