NVIDIA published report for the third quarter of fiscal 2020, which the graphics card completed with record revenue.
Revenue for the second-most profitable server division grew the most – by 162%, reaching $ 1.9 billion And this is not only the merit of the successful A100 computing accelerators, but also Mellanox, which NVIDIA recently bought for $ 7 billion. Mellanox accounts for about 30% of revenue …
Sales of professional accelerators for visualization decreased by 27%, to $ 236 million, the automotive segment fell by 23%, to $ 125 million. Another $ 194 million (+ 36%) was brought by the OEM segment and licensing of intellectual property.
As of the end of the quarter, NVIDIA assets were valued at $ 14,393 billion, of which $ 10,139 billion was in cash and cash equivalents. As of the beginning of the year, these figures were $ 13.690 billion and $ 10.897 billion.
In the current quarter, the manufacturer expects to receive revenue of $ 4.8 billion ± 2%. At the same time, profitability should remain at 62.8%.
In September, NVIDIA announced the purchase of British chip maker ARM for $ 40 billion, but the deal can only take place if it obtains permission from the US, UK and Chinese authorities (there is no news yet).