NVIDIA Announces Earnings of $2.6 Billion for Q3 2018

[raghu78]

https://www.anandtech.com/show/12022/nvidia-announces-earnings-of-26-billion-for-q3-2018

https://twitter.com/PatrickMoorhead/status/928737273591554048

The Nvidia growth story is just stunning. Datacenter revenue has gone from x to 5x in just 6 quarters and doubled in just 1 year. The way its growing I would not be surprised to see datacenter become Nvidia's largest business in 1-2 years. Kudos to Nvidia. Their bets on AI/ML/DL are paying off big time. Graphics and gaming execution is solid. imo Nvidia is the best run high tech and fabless company in the world.

 

[rainy]

This is a great result, however it's also clear that Nvidia is some sort of Apple on GPU market.
I'm sure that that their fans will pay gladly at least 50-100 dollars more for Volta parts in comparison to Pascal./s

 

[Jason Ives]

This is a great result, however it's also clear that Nvidia is some sort of Apple on GPU market.
I'm sure that that their fans will pay gladly at least 50-100 dollars more for Volta parts in comparison to Pascal./s

As with all things, people usually pay more for things they feel are a superior product. Apple is superior over Android or Windows in many ways and in many ways they are inferior. It's subjective to the consumer and what they need/want. So, in the slight chance that you are equating nvidia's success to dumb people paying more for inferior products, you'd be in the minority. If I misunderstood the implication, I apologize.

 

[raghu78]

This is a great result, however it's also clear that Nvidia is some sort of Apple on GPU market.
I'm sure that that their fans will pay gladly at least 50-100 dollars more for Volta parts in comparison to Pascal./s

This is an unfair statement. AMD does not have competitive products for high end discrete GPU especially when you consider power efficiency. Its no surprise that AMD has zero presence in high end gaming notebooks. Incidentally notebook discrete GPU is growing rapidly at Nvidia along with high end desktop. AMD has around 30% desktop discrete GPU unit share but well below 20% revenue share as Nvidia dominates > USD 300 price range. No wonder GeForce business is showing strong growth.

Sent from my SM-G935V using Tapatalk

 

[Head1985]

https://www.anandtech.com/show/12022/nvidia-announces-earnings-of-26-billion-for-q3-2018

https://twitter.com/PatrickMoorhead/status/928737273591554048

The Nvidia growth story is just stunning. Datacenter revenue has gone from x to 5x in just 6 quarters and doubled in just 1 year. The way its growing I would not be surprised to see datacenter become Nvidia's largest business in 1-2 years. Kudos to Nvidia. Their bets on AI/ML/DL are paying off big time. Graphics and gaming execution is solid. imo Nvidia is the best run high tech and fabless company in the world.

Its easy looks good in GPU market when your only competitor didint have any decent card since 290x.Pascal is out almost 2 years and AMD just released bad vega card to fight it...+(still no AIB vega cards on market)
Its easy make money with monopoly.

 

[Cloudfire777]

This is a great result, however it's also clear that Nvidia is some sort of Apple on GPU market.
I'm sure that that their fans will pay gladly at least 50-100 dollars more for Volta parts in comparison to Pascal./s

I would 100% pay $100 more for a Volta card. Heck even $200.
But yeah. Here is AMD with Q3 result of 1.6 Billion which includes CPUs and GPUs while Nvidia got 2.6 Billion...
Something is very wrong lol

 

[MajinCry]

Its easy looks good in GPU market when your only competitor didint have any decent card since 290x.Pascal is out almost 2 years and AMD just released bad vega card to fight it...+(still no AIB vega cards on market)
Its easy make money with monopoly.

Back when AMD had cards that contested NVidia, everyone bought NVidia. AMD barely broke even in every single case. Even when AMD had the performancericeower trifecta, they didn't pull any meaningful profit.

 

[4K_shmoorK]

performancericeower trifecta

My favorite kind of rice ower trifecta.

 

[MajinCry]

My favorite kind of rice ower trifecta.

Trifecovfefe

 

[raghu78]

Back when AMD had cards that contested NVidia, everyone bought NVidia. AMD barely broke even in every single case. Even when AMD had the performancericeower trifecta, they didn't pull any meaningful profit.

AMD pulled in profit during the HD 5000 days. The reorganization of AMD's business divisons into Computing and Graphics does not allow us to make comparisons. But if AMD can get to 40% unit share and 35% revenue share in overall discrete GPU( desktop + notebook) they will make healthy profits at RTG. Just look at Nvidia's Geforce business. Its pulling in more revenue than AMD's Computing and Graphics. Thats how far AMD have fallen. AMD has zero presence in high margin high end notebook GPU and negligible presence in high end desktop. They are stuck in just low margin segments due to their pathetic power efficiency in GPUs. Now look at their CPU division after Ryzen. They are able to compete across the spectrum from USD 100 to USD 1000 desktop CPU sales. This is what AMD needs. A GPU architecture which is area and power efficient against the competition. RTG needs to stop talking and just execute. I think firing Raja is a welcome start in that direction.

 

[Yotsugi]

AMD pulled in profit during the HD 5000 days.

Marginal profits and marginal market share gain with better product stack top to bottom.
That's not how it works.

They are able to compete across the spectrum from USD 100 to USD 1000 desktop CPU sales.

Merely because Intel lost all the mindshare possible, courtesy of 4 cores, jizz, a socket a year and the rest.

A GPU architecture which is area and power efficient against the competition.

That's Vega, assuming it works.

I think firing Raja is a welcome start in that direction.

That's actually very bad, RTG will be headless for quite some time now.

 

[MajinCry]

z

AMD pulled in profit during the HD 5000 days. The reorganization of AMD's business divisons into Computing and Graphics does not allow us to make comparisons. But if AMD can get to 40% unit share and 35% revenue share in overall discrete GPU( desktop + notebook) they will make healthy profits at RTG. Just look at Nvidia's Geforce business. Its pulling in more revenue than AMD's Computing and Graphics. Thats how far AMD have fallen. AMD has zero presence in high margin high end notebook GPU and negligible presence in high end desktop. They are stuck in just low margin segments due to their pathetic power efficiency in GPUs. Now look at their CPU division after Ryzen. They are able to compete across the spectrum from USD 100 to USD 1000 desktop CPU sales. This is what AMD needs. A GPU architecture which is area and power efficient against the competition. RTG needs to stop talking and just execute. I think firing Raja is a welcome start in that direction.

They pulled redactedin profits. They barely broke even

Profanity is not allowed in the tech forums.


esquared
Anandtech Forum Director

 

[antihelten]

Back when AMD had cards that contested NVidia, everyone bought NVidia. AMD barely broke even in every single case. Even when AMD had the performancericeower trifecta, they didn't pull any meaningful profit.

As far as I know AMD has never actually had said trifecta.

That's actually very bad, RTG will be headless for quite some time now.

Technically speaking RTG wont be headless, as Lisa Su will be in charge.

Also for what it's worth AMD was doing gradually better and better ever since their HD 2000 series debacle continuously improving their competitive standing with the 4000, 5000, 6000 and finally 7000 series but then as soon as Raja joined (in 2013), all of that progress started falling apart, first with the status quo releases of the 200/300 series and then with the outright backslide of the 400 series. Now I'm not saying that this is necessarily all on Raja, but maybe going headless isn't the worst thing in the world.

 

[Yotsugi]

As far as I know AMD has never actually had said trifecta.

Than you must be either new or have a bad memory.

then as soon as Raja joined (in 2013)

He joined after Reed nuked the GPU division.
It was already too late.

 

[Krteq]

He joined after Reed nuked the GPU division.
It was already too late.

Sad, but true

 

[frowertr]

Its amazing what Nvidia stock has done to grow the hell out if my Roth IRA. My only regret is I didnt buy more. It has been the only sure bet in the market the last two years and its not showing any slowdown since they essentially operate as a monopoly with AMD being nothing more than a nuisance to them.

 

[raghu78]

They pulled fuck all in profits. They barely broke even

Now look up Nvidia earnings between 2009 and 2011. They were bleeding money at times. Thats how competitive AMD was.

 

[Yotsugi]

They were bleeding money at times.

They were losing the race to bottom of the margin ocean yet were still moving enough units to never lose any sizable amounts of marketshare.

 

[MajinCry]

Now look up Nvidia earnings between 2009 and 2011. They were bleeding money at times. Thats how competitive AMD was.

Completely different situation.

http://www.macrotrends.net/stocks/charts/NVDA/revenue/nvidia-corp-revenue-net-income-history

http://www.macrotrends.net/stocks/charts/AMD/revenue/adv-micro-dev-revenue-net-income-history

The dotted line @ 0 in the Y margin is the break even point.

Compare AMD against NVidia:

NVidia took a couple hits, whereas AMD was obliterated.

 

[USER8000]

Completely different situation.

http://www.macrotrends.net/stocks/charts/NVDA/revenue/nvidia-corp-revenue-net-income-history

http://www.macrotrends.net/stocks/charts/AMD/revenue/adv-micro-dev-revenue-net-income-history

The dotted line @ 0 in the Y margin is the break even point.

Compare AMD against NVidia:

NVidia took a couple hits, whereas AMD was obliterated.

Do you realise that AMD makes CPUs and GPUs,and operated a fab too?? That massive dip was when they were loosing money from the whole fiasco of trying to divest their fabs,and the immediate aftermath. You might want to check the amount their WSA payments cost them for example. Its also why Polaris and Vega are made at Global Foundries not TSMC,and you can see how that panned out.

You can also see why the number of independent fab companies has shrunk massively over the last 20 years. IBM literally paid for someone else to take their own fabs off their books.

 

[frozentundra123456]

Its easy looks good in GPU market when your only competitor didint have any decent card since 290x.Pascal is out almost 2 years and AMD just released bad vega card to fight it...+(still no AIB vega cards on market)
Its easy make money with monopoly.

It is not nVidia's fault that AMD cannot produce a competitive high end card. Hard to believe, relative to the resources they have, than AMD could execute so well on Ryzen and so poorly in the gpu market. Or maybe Ryzen just ate up all the resources.

 

[Yotsugi]

Or maybe Ryzen just ate up all the resources.

Should be fairly obvious given they launched Vega unfinished with an okayface.

 

[Qwertilot]

Late too

 

[tviceman]

Its easy looks good in GPU market when your only competitor didint have any decent card since 290x.Pascal is out almost 2 years and AMD just released bad vega card to fight it...+(still no AIB vega cards on market)
Its easy make money with monopoly.

https://www.google.com/search?q=mon...1.69i57j0l5.2527j0j4&sourceid=chrome&ie=UTF-8

Nvidia most certainly does not have a Monopoly.

 

[antihelten]

Than you must be either new or have a bad memory.

By all means, enlighten me and my bad memory. When did AMD have the crown in all three of performance, power and price? As far as I can tell, they have only ever had the crown in 2 out of 3 at most.