A lot of good things happening at Nvidia

Nvidia (NVDA) took the stage in the last three months by launching a series of Pascal GPUs (graphics processing units) aimed at high-end and mainstream customers. While Gaming is the company’s core segment, things have started to pick up in the Automotive and Data Center segments as well.

Apart from launching new GPUs, the company has been in the news for all the right reasons, indicating strong opportunities for the fast-growing company in the fields of gaming, deep learning, automotive, and virtual reality.

Fiscal 3Q17: An Activity-Filled Quarter for Nvidia


Over the past few months, Nvidia announced its partnership with China’s (FXI) Baidu (BIDU) to develop an autonomous car platform. An even bigger announcement in the automotive space came recently by Tesla Motors (TSLA). The carmaker announced that its Model S, Model X, and the upcoming Model 3 would feature one of the most expensive GPUs, Nvidia’s Titan, which can support computational tasks related to self-driving.


In the gaming space, rival Advanced Micro Devices (AMD) managed to get a stake in the discrete GPU market through its lower-priced GPUs. However, AMD held this advantage for a brief period, as Nvidia launched high-performance GPUs at a competing price.

A new development came in the gaming space when Nvidia confirmed the news that it had secured an order from Japan’s game console-maker Nintendo for its upcoming console, Switch. This was a significant development because the game console market is dominated by AMD, which also supplies GPUs for Nintendo’s current console, Wii U.

Deep learning

Nvidia is leading the deep learning market with its Tesla GPUs. Server chip leader Intel (INTC) is looking to catch up with Nvidia in this space and has also acquired deep learning startup Nervana for more than $350 million.

However, Nvidia does not see Intel as a threat. Nvidia has been developing deep learning technology for five years and is well ahead of Intel, which has only recently started focusing on deep learning.

All these developments could be reflected in Nvidia’s fiscal 3Q17 earnings, which are expected to be released in the first week of November 2016. These product developments are just the beginning, and more next-generation products are lined up for the next few quarters.

In this series, we’ll see how these factors could affect Nvidia’s upcoming earnings.

Latest articles

Broadcom (AVGO) stock fell ~8.5% after markets closed yesterday following the semiconductor giant's fiscal 2019 second-quarter earnings release. It missed analysts' revenue estimate and cut its fiscal 2019 revenue guidance by $2 billion to $22.5 billion due to sluggishness in its semiconductor solutions business.

The SPDR Gold Shares ETF (GLD), which tracks physical gold prices, has underperformed the broader markets year-to-date, rising just 4.4% compared to the S&P 500’s (SPY) gain of 15.9% as of June 14. The sentiment for gold, however, has been turning around.

Safe havens such as Treasuries and gold were back in favor on June 14 as stocks fell due to rising tensions in the Middle East, concerns over growth, and the looming threat of the US-China trade war. The tech-heavy Nasdaq Composite Index fell 0.67% in the first hour of trading.

Lululemon (LULU) stock rose 2.1% on June 13 in reaction to better-than-expected first-quarter results and an upgraded outlook for fiscal 2019 overall. The company's first-quarter adjusted EPS grew 34.5% to $0.74 on revenue growth of 20.4% to $782.32 million. Analysts had expected EPS of $0.70 and revenue of $755.31 million. Here's why the outlook got an upgrade.

14 Jun

IEA Again Slashes Its Oil Demand Growth Estimate

WRITTEN BY Rabindra Samanta

As of 4:40 AM Eastern Time today, US crude oil active futures were at $51.83, ~4% below their closing level in the previous week. If US crude oil prices stay at those levels today, they'll mark their third week of decline in five weeks.

Amazon is discontinuing its Amazon Restaurants service, which has been delivering food for restaurants in parts of the United States. Amazon Restaurants launched in the United States in 2015 and entered the British market the following year. However, it met strong opposition in the British market.