12 Aug '17, 4pm

Despite Growing Competition, Nvidia's Revenue and Profits Surge

For the last year, Nvidia has had a target on its back. Rivals are trying to challenge its graphics chips, which are the gold standard for running software that understands speech and learns people’s preferences online. That has raised questions about how long its spellbinding growth can last. But there are few signs that Nvidia feels strained. On Thursday, the company’s quarterly earnings showed revenue and profit surging past Wall Street estimates. It increasingly sells chips that act like accelerators in data centers and autonomous cars as well as graphics engines in video game consoles and personal computers. Nvidia holds a daunting lead in the market for machine learning chips because of its extensive software support. But no one knows if general-purpose chips or customized silicon will conquer machine learning. That gives Nvidia’s rivals – and some of its major custo...

Full article: http://www.electronicdesign.com/automotive/despite-growin...

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