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IT

Nvidia reaches new record for revenues, EPS in Q1

Friday 11 May 2018 | 08:54 CET | News
Nvidia has again posted record revenues in its fiscal first quarter for 2019, boosted by gains across the board, but especially from new highs at datacenter and a strong contribution from gaming. Founder and CEO Jensen Huang added that computing demand from AI really pushed the show, filling the gap left by traditional computing, driven by Nvidia's GPU computing and Tensor Core FPU. The company said it returned USD 746 million to shareholders in the quarter through USD 655 million in share buybacks and USD 91 million in quarterly cash dividends. For fiscal 2019, it plans to return USD 1.25

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Categories: IT
Companies: Nvidia
Countries: World
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