NVIDIA reports record high sales, in Q3 2020 financial results

by EdTech Stanford University School of Medicine

On November 18, 2020, local time, semiconductor giant NVIDIA announced its financial results for the third quarter of 2020. Among NVIDIA's businesses, data center and gaming divisions have seen remarkable revenue growth, with total sales up 57% year-on-year to $ 4,726 million and net income up 49% year-on-year. Recorded 1,398 million dollars (about 145 billion yen).

NVIDIA Announces Financial Results for Third Quarter Fiscal 2021 | NVIDIA Newsroom
https://nvidianews.nvidia.com/news/nvidia-announces-financial-results-for-third-quarter-fiscal-2021

Nvidia (NVDA) earnings Q3 2021
https://www.cnbc.com/2020/11/18/nvidia-nvda-earnings-q3-2021.html

The two pillars of NVIDIA's strong performance are the data center division and the gaming division. Sales in the game division reached a record high of $ 2.27 billion (approximately ¥ 236 billion), up 37% quarter-on-quarter and 37% year-on-year. The start of sales of the world's first 8K / 60fps ' GeForce RTX 30 series ' and the implementation of late racing and NVIDIA DLSS for NVIDIA users in the popular game ' Fort Knight ' contributed significantly to this strong performance. It is specially noted.

NVIDIA officially announces GeForce RTX 30 series, top model enables world's first 8K / 60fps gaming --GIGAZINE

Sales in the data center division increased 8% quarter-on-quarter and 162% year-on-year to 1.9 billion dollars (about 197 billion yen), which is also a record high. A new large-scale partnership with VMware has been signed , and the company's GPU 'NVIDIA A100' has been adopted by major cloud businesses such as Amazon Web Services (AWS), Oracle Cloud Infrastructure, Google Cloud Platform, and Microsoft Azure. NVIDIA notes that the fact that itwas announced and the announcement of the video processing platform 'Maxine' for video conferencing made a big contribution. The company is working to expand the hardware for data centers, and on November 17, 2020, announced the GPU 'NVIDIA A100 80GB' for data centers and the AI workstation 'NVIDIA DGX Station A100' for research and development. I will.

NVIDIA announces GPU 'NVIDIA A100 80GB' for data centers equipped with 80GB of wideband memory of over 2TB / s --GIGAZINE

On the other hand, contrary to the breakthrough of the game division and the data center division, the professional video editing division decreased by 27% year-on-year to $ 236 million (about 24.5 billion yen), and the automobile division decreased by 23% year-on-year. The sales amounted to 125 million dollars (about 13 billion yen). The upsets in these sectors are believed to be affected by the epidemic of the new coronavirus infection (COVID-19), but the impact on total sales was relatively minor due to the small size of each sector. ..

NVIDIA expects total sales in the fourth quarter of 2020 to range from $ 4.8 billion to plus or minus 2%.

One of the major events that occurred in NVIDIA in the third quarter of 2020 is the acquisition of Arm, but since the transaction will be completed in the first quarter of 2022, it is said that there will be no direct impact on the financial results this time. I am.

Softbank sells Arm to NVIDIA for about 4.2 trillion yen-GIGAZINE