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Nvidia Q4 results: "outstanding year" for GPU business

by Mark Tyson on 13 February 2014, 10:05

Tags: NVIDIA (NASDAQ:NVDA), ARM

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Last night NVIDIA published its fourth quarter and fiscal 2014 results. The results for Q4 and forecasts for Q1 were largely positive, driven by PC gaming inspired GPU sales and processors sold to the automotive industry. However year on year comparisons weren't as favourable.

GeForce GTX GPU revenue up nearly 50 per cent

Among Nvidia's highlights for Q4 the most striking is that the firm managed to grow GeForce GTX GPU revenue nearly 50 per cent in the face of global PC shipment declines. Also Nvidia launched the Tegra K1, a new SoC which makes use of the Kepler architecture, in which it has great hopes. Other highlights of the quarter include; Denver – a 64-bit ARM core, the Audi in-car Tegra-powered infotainment partnership, the launch of the Tesla K40 accelerator and the IBM supercomputer partnership.

"Quarterly revenue came in well above our outlook, driven by PC gaming, capping an outstanding year for our GPU business," said Jen-Hsun Huang, president and chief executive officer of NVIDIA. "Tesla and Quadro both achieved record annual revenue. GRID cloud technology is being evaluated at hundreds of large enterprises worldwide. And Tegra K1 is disrupting the auto industry, paving the way to self-piloted cars. The groundbreaking work we are doing in visual computing is expanding the opportunities for our GPUs."

Speciality PC market

Seeking to explain the difference between its performance and that of the wider PC market Huang added that "We're not really in the mainstream PC market, we're really in the speciality PC market." He also referred to the PC as the gaming console of China.

Silicon Valley campus, with triangular buildings, put on hold

We also hear that Nvidia's plans to rival the likes of Facebook and Apple in Silicon Valley, by constructing a campus with triangle shaped eco-friendly buildings, has been put on hold. Reuters notes the significance of the triangle to the graphics industry – as a basic building block in 3D computer graphics.

Analysts think this is a prudent move and Huang said the company is still in "pretty good shape", using its existing facilities for now.



HEXUS Forums :: 8 Comments

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It's not surprising they had an “outstanding year” with the markup on there mid-high end GPU's !

I remember only about five years ago getting one of there top end cards for £300 (GTX 280), the way things are going, potentially new PC gamers will be turned off ever even giving PC gaming a try due to the sky high prices.

I'm not singling Nvidia out though, as it's clear Intel are happy robbing people with the price of there CPU's.
DemonHighwayman
It's not surprising they had an “outstanding year” with the markup on there mid-high end GPU's !

I remember only about five years ago getting one of there top end cards for £300 (GTX 280), the way things are going, potentially new PC gamers will be turned off ever even giving PC gaming a try due to the sky high prices.

I'm not singling Nvidia out though, as it's clear Intel are happy robbing people with the price of there CPU's.

For high end gaming on a single screen at max settings all you need is a GTX 770 which can be had at less than £250. The GPUs above it are completely pointless unless you are using 3 screens or 4k screens.
Wozza365
For high end gaming on a single screen at max settings all you need is a GTX 770 which can be had at less than £250. The GPUs above it are completely pointless unless you are using 3 screens or 4k screens.

True, but 4k is being injected in to us as the new standard, I imagine the ordinary guy who wants to get in on the PC gamer thing will want a future proofed system. Anyway my point was that for a high end part, the prices have risen exponentially and are now out of reach for many gamers/enthusiasts.

With the very few enhancements in processing power over the last few years I'm starting to wonder if we are approaching an apex in what is achievable, even the top end cards struggle a bit with 4k or multi monitor rigs at full detail settings in game…. The future.. possibly, 10fps ?!
Wozza365
For high end gaming on a single screen at max settings all you need is a GTX 770 which can be had at less than £250. The GPUs above it are completely pointless unless you are using 3 screens or 4k screens.

thats true on one screen and 1080p resolution, on 1440p one single GTX 770 isnt enough, you jumped directly to 4k which has no mature hardware to handle it properly and sustain 60 FPS, i have 27" @ 2560 x 1440 resolution and GTX 770 SLI and in some unoptimized games, FPS dips to 40's.
Wozza365
DemonHighwayman
It's not surprising they had an “outstanding year” with the markup on there mid-high end GPU's !

I remember only about five years ago getting one of there top end cards for £300 (GTX 280), the way things are going, potentially new PC gamers will be turned off ever even giving PC gaming a try due to the sky high prices.

I'm not singling Nvidia out though, as it's clear Intel are happy robbing people with the price of there CPU's.

For high end gaming on a single screen at max settings all you need is a GTX 770 which can be had at less than £250. The GPUs above it are completely pointless unless you are using 3 screens or 4k screens.

270X can pretty much handle 1080p gaming on high settings for £150