During yesterday's earnings call, NVIDIA CEO Jen-Hsun Huang said they're all very excited about virtual reality gaming. There's going to be a big VR push later this year with headset hardware launching on multiple platforms but according to Huang you're going to need a GeForce GTX 980 or a Titan to truly enjoy great VR. He claims great VR needs 90 frames per second in stereo and two eyes so unless you have a high-end card you're not going to get the best experience:
We're looking forward to VR. VR is launching later this year, and VR is going to be launching on multiple platforms. And in order to enjoy great VR, you need 90 frames per second in stereo and two eyes. And so unless you have something along the lines of a GTX 980 or a TITAN at the moment, it's hard to enjoy great VR. And anybody who has tried VR is generally blown away by it, and that explains the enthusiasm in the industry.
Huang said NVIDIA is also very excited about Windows 10 and DX12 and that they believe this is going to be a growth driver.
And of course, Windows 10 in time is going to really help. Windows 10 is a great operating system and has DX12. And DX12 is a fantastic new API. It's been a while since we've had a new 3D API. So we're excited about DX12. So there are a lot of things going in gaming, and that explains the reason why it just continues to grow.
NVIDIA CFO Colette Kress explained the firm's weaker than expected Q2 guidance is the result of seasonality, currency weakness in the EU, and a lull ahead of Windows 10:
In addition to seasonality, two factors informed our Q2 guidance. European currency weakness is affecting overall demand. Also, as widely reported by OEMs, a combination of seasonality and a lull ahead of Windows 10 launch are impacting the PC market. The overall dynamics of our business are great. Gaming is expanding and 4K, virtual reality, and Windows 10 will lift it further. GPU accelerated data centers are expanding, and deep learning is a new exciting application. And the market for car computers is expanding. We have an excellent position in each of these growth markets.