Nonetheless, disruptions in retail channel sales due to lockdown and social-distancing measures implemented by governments across the world to contain the spread of coronavirus might have partially offset the benefit of solid demand for the remote-working and online-learning hardware infrastructure.
We expect the trends in Automotive and Professional Visualization to have continued in the second quarter of fiscal 2022. This increase mainly resulted from record sales of notebook workstation GPUs, while quarter-on-quarter growth reflects higher GPU sales for both desktop and notebook workstations. Professional Visualization revenues increased 21% year over year as well as sequentially in the fiscal first quarter. Though the Automotive segment’s revenues fell 1%, year on year, the same increased 6% sequentially, aided by continued recovery in the global automotive production volumes. This, in turn, is anticipated to have aided the quarterly performance.įurthermore, the company’s Automotive and Professional Visualization divisions had shown improving trends last quarter. A series of blockbuster AAA titles, which pledged support for the NVIDIA RTX ray tracing technology, might have been a positive as well.Īdditionally, the pandemic-induced remote-working wave is likely to have bolstered sales of graphic chips utilized in desktops and laptops. The company’s growth opportunities in ray-traced gaming, rendering, high-performance computing and AI are likely to have been driving factors during the period in discussion. Increase in Hyperscale demand and growing adoption in the inference market are likely to have been tailwinds during the to-be-reported quarter. NVIDIA is anticipated to have benefited from strength in its data-center business on the growing adoption of cloud-based solutions amid the coronavirus crisis-induced work-from-home wave. NVIDIA Corporation price-eps-surprise | NVIDIA Corporation Quote Factors at Play NVIDIA Corporation Price and EPS Surprise