The NVIDIA 2018 fiscal year annual rate of profit reached a record 33%, better than 28% of fiscal year 2017, operating profit rose 66% to 3.2 billion US dollars, a record high NVIDIA stock market value has now surpassed IBM to future earnings Valuation to calculate the profit-earnings ratio of 37 times Oppenheimer had expected, Amazon, Google, Microsoft, Facebook, Apple and other data center manufacturers this year's amount of consolidated capital expenditures will grow by nearly 3 percent.
NVIDIA Chief Financial Officer Colette Kress said on the earnings conference call on the 8th that the strong demand from the cryptocurrency market is beyond NVIDIA's original expectations. Although it is difficult to quantify precisely, it is certain that the demand for cryptocurrency-related revenue accounts for more than The third quarter of fiscal year 2018. She said that the cryptocurrency market may remain volatile and the related demand is expected to remain flat this quarter and the Company continues to focus on the core markets.
Jen-Hsun Huang said on the 8th that NVIDIA has asked retailers and system vendors to focus their services on gamers rather than cryptocurrency miners, and he mentioned that a significant number of pent-up demand in the game graphics card market is expected to break out this season come out.
In a telephone interview on the 9th, barrons.com said in a telephone interview that the world has finally begun to face the advent of cryptocurrency (based on blockchain technology) this year, saying that virtual currency is like virtual goods, video games (virtual worlds ) As real and linked to each other, will not disappear.
Jen-Hsun Huang stressed that cryptocurrencies do contribute to NVIDIA revenue, but the proportion is still not large, because the data center has grown quite rapidly.
NVIDIA 2018 fiscal year revenue year-on-year growth of 41% to a record 97.1 billion USdollars.Data center business revenue growth crown, 2018 fiscal year by 133%, followed by the game chip, an annual increase of 36%.