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GPU revenue down 20% year-on-year at Nvidia

While games revenue saw a 27 per cent drop from 12 months ago

GPU revenue down 20% year-on-year at Nvidia

Computer hardware giant Nvidia has reported a 20 per cent decline in revenue from the GPU segment of its business.

For the three months ending July 28th, 2019, the firm brought in $2.104bn from the graphics card side of things, a decline of around one fifth on last year's $2.656bn. Looking at the first six months of the 2019/20 financial year, Nvidia's GPU business, there's been a 23.9 per cent dip in revenue year-on-year.

Cash from Nvidia's mobile, laptop and Nintendo Switch-centred Tegra processor grew to $475m for the last quarter, a 1.7 per cent increase year-on-year. For the first half of the financial year, however, and we see a 26 per cent dip in revenue from $909m for the six months ending July 29th, 2018, compared to $673m for the two quarters ending July 28th, 2019.

Looking specifically at Nvidia's games business, the green giant reports revenue of $1.313bn for the last quarter, a decrease of 27 per cent year-on-year. For the last six months, that downturn is to the tune of 32.8 per cent.

PCGamesInsider.biz has the full story.


PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.