News

Nvidia CMP GPU mining brings US$155 million revenue in the first quarter: Report

Nvidia accepted an interview on May 26 and stated that it expects revenue in the second quarter of this year to be higher than expected. Game graphics cards, computing cards for data centers, and dedicated for cryptocurrency mining The demand for graphics cards has increased significantly.

The company launched the CMP series of mining cards this year. At present, CMP 30HX has been officially launched, and a series of more powerful models will be released in the future.

Nvidia said that in the first quarter of 2021, mining dedicated GPU chips brought the company 155 million U.S. dollars (approximately 990 million yuan) in revenue, but it is currently unclear on the specific number and proportion of mining game graphics how many. The company expects that the sales revenue of mining dedicated GPUs in the second quarter will reach 400 million U.S. dollars.

Join us on Telegram

According to Reuters interviews, Nvidia executives said that the newly launched limited mining version of the game graphics card has effectively increased the number of supplies on the market. In addition, it is expected that the acquisition of ARM will be completed before March 2022, with an acquisition value of US$40 billion.

Refinitiv’s data shows that Nvidia’s second-quarter revenue is expected to reach 6.3 billion US dollars, a fluctuation of 2%, in addition, analysts expect revenue to be 5.5 billion US dollars. Also according to data from Refinitiv, Nvidia’s total Q1 revenue in 2021 was 5.66 billion U.S. dollars, exceeding expectations. Among them, the sales revenue of game graphics chips was US$2.76 billion, more than twice that of the same period last year.

|Via|


Trending News

To Top