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Finance

How NVIDIA Increased Data Center Revenue Ninefold in Three Years

NVIDIA (NVDA) is a well-known name in the gaming and data center markets. Gaming is its biggest business, whereas data center is its fastest-growing business. Its data center business rose almost nine-fold from just $340 million in 2015 to $3 billion in 2018. This growth was driven by an increasing number of applications using its GPUs (graphics processing units). NVIDIA is a leader in deep learning and is slowly gaining traction in inference, where CPUs (central processing units) dominated.

At the 2019 Investor Day, NVIDIA’s CEO, Jensen Huang, stated that the company moved from an accelerator company, which accelerates a particular function, to an accelerated computing platform, which accelerates a domain of applications. He compared its platform to Intel’s x86 CPU (central processing). Just like x86 can run all types of software, NVIDIA’s GPU can accelerate all types of applications and domains.

View more information: https://marketrealist.com/2019/04/how-nvidia-increased-data-center-revenue-ninefold-in-three-years/

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