Nvidia has been known as primarily a graphics card maker for many years, but now that the company has presented the latest fiscal numbers for Q2 it is the venture for tablets and smartphones with mobile Tegra system processors that have been the most successful.
Nvidia has now presented the figures for fiscal Q2 2013 and the company has a positive trend since Q1 kvartalet where the revenue increased to 1.04 billion dollar from 924.9 million dollar from last quarter. Nvidia almost doubled the result and increased by 97 percent from 60.4 million dollar Q1 to 119 million dollar in Q2.
When the graphics card and system processor maker sums up its second fiscal quarter the big focus is on the mobile market. Nvidia points out that Google and Asus launched the priced tablet Nexus 7 with the Tegra 3 processor inside and the first unit to ship with Android 4.1 ”Jelly Bean”. Tegra is also mentioned to gain from Microsoft’s announcement of Windows RT where Nvidia is one of mere three circuit makers that have been given the chance of introducing processor platforms based on the ARM architecture before Microsoft’s launch on October 26th.
”Tegra has achieved record sales as tablets come into their own. Our GPU business made strong gains in a weak market, boosted by our breakthrough Kepler architecture. Looking ahead, we’re optimistic, as our investments position us right at the center of the fastest growing segments of computing,” – VP Jen-Hsun Huang.
Besides the good sales of Tegra processors Nvidia has also done well among notebooks with its new Kepler architecture. It has gained new market shares through design wins with companies like Apple, Asus, Acer, Samsung, Dell, Sony and Lenovo.
Nvidia flags for good results in Q3 with an increase in revenue to between 1.15 to 1.25 billion dollar, which was expected with the pressure Google is expecting from the sales of its Nexus 7 tablet.