Nvidia achieves record revenue in Q1 2018

The graphics giant Nvidia has published its financial results for the first quarter of this year 2018, in which it has broken revenue records, demonstrating once again the excellent moment that the company is going through.

Nvidia obtains the best figures in its history at the start of the year 2018

Nvidia has reported the revenue record for the first quarter ended April 29, 2018, with revenue of $ 3.21 billion, which is 66% more than the same period last year, when it had revenue of 1.94 billion dollars and 10% more than in the previous quarter with 2.91 billion.

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GAAP earnings per share for this quarter were $ 1.98, 151% from $ 0.79 a year ago and an 11% increase from $ 1.78 in the previous quarter. Non-GAAP earnings per share was $ 2.05, which is also a record with a 141% increase from $ 0.85 over the previous year and a 19% increase from $ 1.72 in the prior quarter.

Jensen Huang, founder and CEO of Nvidia has stated that the company has experienced a solid quarter with growth across all platforms. The data center business and the gaming business have remained very strong, helping the company to break its revenue records.

The key to Nvidia's success lies in the growing demand for computer components for the field of artificial intelligence, a sector in which Nvidia is the undisputed market leader thanks to the benefits of its Volta architecture. The great importance of artificial intelligence, will make the next graphic architectures of the company focus with great force in this sector, although without neglecting video games, the sector that has allowed Nvidia to be what it is today.

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