Home PC News Nvidia CEO: We are expecting a really large second half for gaming

Nvidia CEO: We are expecting a really large second half for gaming

Nvidia CEO Jensen Huang stated in an analyst name that the graphics and AI chip firm is “expecting a really large second half for gaming.” He was referring to the second half of the yr.

Huang stated that the pandemic has accelerated curiosity in gaming, making it the No. 1 type of leisure all over the world. On prime of that, he stated gaming is benefiting from having so many alternative methods to play. “The number of different ways you can game has really exploded,” Huang stated.

He famous that the Nintendo Switch, for which Nvidia provides chips, is about to prime the Super Nintendo because the No. 1 Nintendo platform of all time. He additionally famous how gaming is changing into extra social, with folks hanging out in Fortnite to observe live shows along with enjoying. He famous how individuals are streaming gameplay and constructing new broadcast networks on platforms comparable to Twitch and YouTube.

And whereas Nvidia doesn’t have chips within the upcoming sport consoles, he stated he expects robust gross sales of the Sony PlayStation 5 and the Microsoft Xbox Series X.

“It’s going to be the most amazing season ever,” he stated.

Huang spoke on a convention name after Santa Clara, California-based Nvidia posted revenues of $3.87 billion for its second fiscal quarter ended July 26, up 50% from a yr earlier. The revenues beat expectations, and non-GAAP earnings per share of $2.18 additionally trounced expectations as gaming {hardware} and AI remained in excessive demand through the pandemic.

Nvidia makes graphics processing models (GPUs) that can be utilized for video games, AI, and datacenter computing. While many companies have been hit exhausting by the pandemic, Nvidia has seen a lift in these areas.

Gaming revenues within the second quarter ended July 26 had been $1.65 billion, up 26% from a yr in the past.

Back in April, Nvidia launched its Ampere-based A100 GPU, an infinite AI chip with 54 billion transistors and a design primarily based on a brand new era of AI know-how. Nvidia is anticipated to unveil its high-end desktop GPUs primarily based on Ampere at its occasion scheduled for September 1.

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