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NVIDIA: results and prospects

In addition to the financial results of NVIDIA published overnight, I would like to cite some figures and facts announced at the press conference held by the company in connection with summing up the results of the quarter.

According to CEO and President of the company Jen-Hsun Huang, the start of mass shipments of NV30 chips is scheduled for January next year. However, company representatives note that NV30 will appear on the market before the Christmas season, albeit in limited quantities.

NV30 will debut in late November at NVIDIA Mania Day, which will take place on November 18 as part of the Comdex show in Las Vegas, according to lead specialist David Kirk.

The conference did not reveal any information about the possibility of manufacturing the company’s chips at the facilities of IBM, however, it was confirmed that NVIDIA intends to focus its attention on cooperation with TSMC. It is interesting to note that TSMC links the unforeseen October 19.4% revenue growth announced the other day with an increase in orders from NVIDIA.

The company is satisfied with TSMC’s already achieved yield of finished chips with 0.13 micron norms and copper connections. The development of chips of the NV3X family will cost the company about $ 400 million.

Fresh market research results released this week by marketing firm Mercury Research show NVIDIA increased its GPU market share in Q3 2021 from 56 in Q2 to 58%. At the same time, ATI’s presence dropped from 36% to 33%, despite the start of sales of a new series of high-performance graphics chips.

Despite the announced losses in the third quarter, the company is generally satisfied with its current position: in the nine months of 2021, the company’s revenue amounted to $ 1.44 billion., which is 66% more than $ 865.8 in the first nine months of 2021. The company’s profit for the past 9 months of this year amounted to $ 39.9 million., or $ 0.24 per share.

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