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Nvidia’s data center business has its first $1B quarter in Q1

May 21, 2020

Via: ZDnet

Nvidia’s data center business hit a new record in the first quarter, the company reported Thursday, achieving more than $1 billion in quarterly sales for the first time. The GPU maker saw data center sales driven by higher vertical industries and hyperscale demand.

First quarter non-GAAP earnings per share came to $1.80 on revenue of $3.08 billion, up 39 percent from a year earlier.

Analysts were expecting earnings of $1.68 per share on revenue of $2.98 billion.

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