NVIDIA Q2 results saved by huge contracted GPU shipments?

Posted on Wednesday, August 22 2018 @ 13:10 CEST by Thomas De Maesschalck
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NVIDIA's gaming revenue hit an all-time high in the company's financial second quarter but Taiwanese tech journal DigiTimes claims the numbers were saved by massive contracted shipments to over 10 video card makers. Industry sources claim that despite the bust of the cryptocurrency market, and subsequent high inventory levels, graphics card makers like ASUS, MSI, and Gigabyte still have to absorb massive contracted shipments from NVIDIA:
After suffering thick inventory of mining graphic cards amid sustained mining chill seen since April 2018, graphic card suppliers including Asustek Computer, Micro-Star International (MSI) and Gigabyte Technology still have to absorb massive contracted shipments from Nvidia before the chipmaker releases its new-generation GPU chips in the near future. This has allowed Nvidia to score slightly higher revenues than US$3.10 billion projected for the May-July quarter, the sources said.


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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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