After hours on February 16, the king of GPU, Nvidia, will release the results of the new quarter, before the release, let's review the results of the previous quarter:
AI accelerates
• Record total revenue for gaming, data center and professional visualization
• Total revenue increased 50% year-over-year to $7.10B, up from expected $6.80B +/- 2%
• Games grew 42% year-over-year to a record $3.22B; data centers grew 55% year-over-year to a record $2.94B
• Demand for games was strong across the board, and channel inventories remained low
• NVIDIA RTX is driving our largest gamer update cycle ever and continues to expand our base with creators
• Notebook GPUs also delivered strong year-over-year growth due to increased demand for high-end RTX laptops
• Nearly all Ampere architecture gaming desktop GPU shipments were Lite Hash Rates during the quarter
• Data centers generated record revenues in both hyperscale and vertical industries
• Continued rapid adoption of the A100 Tensor Core has driven strong growth for hyperscale customers
• GPUs and a broader family of Ampere architecture-based GPUs for both internal and external workloads
Vertical industry growth was also strong, driven by the consumer internet and a wider range of cloud providers
Inference once again outpaced overall data center growth — more than 25,000 companies used NVIDIA AI Inference.
Nvidia also saw extraordinary growth in [Indiscernible], with revenue from inference focus processors more than doubling year-over-year, including the new A30 GPU, which delivers four times the performance of the T4.
Customers are also turning to NVIDIA GPUs to put AI into production and moving from CPUs to GPUs driven by the stringent performance, latency, and cost requirements of deploying and scaling deep learning AI workloads
Game
• Record quarters due to strong demand for desktops and notebooks
• Laptop GPUs also achieved strong year-over-year growth through high-end RTX laptops
• RTX adoption is accelerating; > 200 games and apps now support NVIDIA RTX
• NVIDIA Reflex is at the top of the list of esports games, including Valorant, Fortnite, Apex Legends, and Overwatch
• There are over 14 million gamers on GeForce NOW, double that from last year
Data Center
Strong growth drove a record quarter
• Hyperscale and vertical
• Hyperscale computing revenue doubled year-over-year, by NLP's scale-out and recommended models and cloud computing
• Consumer-led vertical industry growth, the internet, and broader cloud providers
• Network revenue is affected by demand and supply is in short supply
• In the latest TOP500 list, NVIDIA technology accelerates supercomputers by more than 70 percent, including more than 90 percent of new systems
Professional visualization
• Record quarters for enterprise deployment systems, supporting hybrid work
• Ampere Architecture sales continue to grow, building on a strong initial Q2ramp
• Leading verticals include media and entertainment, healthcare, public sector and automotive
• Announced the full availability of omniverse enterprise edition, with more than 700 companies evaluating Omniverse;
• Over 70,000 individual creators have downloaded since beta
• The continuous decline was caused by supply constraints by automotive-powered manufacturers
• Announced that more companies are adopting the next-generation NVIDIA DRIVE Orin vehicle platform
Kodiak Robotics – Self-driving trucks
• Lotus – high-performance car manufacturer
• QCraft – Manufacturer of autonomous buses
• WM Motor – Electric vehicle manufacturer
Fourth quarter outlook
• Outlook for the fourth quarter of fiscal 2022
• Revenue – $7.4 billion, plus or minus 2%, up 48% year-over-year, slowing from the previous quarter
We expect data centers and gaming to drive continuous growth, enough to offset the decline in CMP
• Gross margin – 65.3% GAAP and 67.0% non-GAAP with 50 basis points up or down
• Capital expenditures – approximately $250 million to $275 million
Will the fourth quarter results exceed expectations?
In the fourth quarter, the cloud computing industry ushered in a new round of upward movement, Iaas growth rate is very good, Amazon AWS, Microsoft Azure have maintained rapid growth, indicating the beginning of a new round of capital expenditure expansion cycle
From the leading indicator of server shipments, Taiwan's xinhua's monthly revenue, the server industry is ushering in a round of accelerated upwards,
In January 2022, Taiwan Xinhua achieved revenue of NT$385 million, a year-on-year increase of 61.46%, a single month revenue hit a record high, and Xinhua's data also indicates that the server was very good in the fourth quarter.
AmD and AMD and Xilinx have all delivered excellent results from companies that have disclosed results so far, especially in the data center space, Xilinx Data Center Group (DCG) achieved record revenue, driven by computing and network strength, up 28% sequentially and 81% year-on-year, and during the quarter, Xilinx launched the Alveo U55C data center accelerator card and a new API-driven clustering solution for large-scale deployment of FPGAs. The Alveo U55C accelerator delivers superior performance per watt for high-performance computing (HPC) and database workloads and scales easily with Xilinx HPC clustering solutions. Initial customers include Ansys and TigerGraph.
Last quarter, AMD's revenue was $4.826 billion, and data center revenue doubled. AMD continues to drive strong momentum in the data center, with new customers and expanded cloud offerings gaining popularity as powerful AMD EPYC processors, AMD Instinct™ accelerators, and data center solutions become more widely available.
Therefore, from the perspective of peer data, the revenue of data centers has shown an accelerated trend, so for NVIDIA, we have reason to believe that the company's revenue will continue to accelerate under the impetus of data centers, and 2022 is also the most important factor driving the company's performance.