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Nvidia's profits so far this year are GPU-ge

The anti-AMD racks up 48 per cent revenue jump

By Shaun Nichols in San Francisco

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Graphics chip and ARM systems-on-chips hardware slinger Nvidia says its gaming, datacenter, and automotive groups were to thank for a quarter that saw its profits more than double.

The GeForce and Tegra chipmaker reported, for the three months to April 30 aka its first quarter of fiscal 2018 [PDF]:

Nvidia also noted that its Tegra unit in particular will see a boost in the coming months as its big console win, the Nintendo Switch, continues to push into the market. The Tegra SoC business as a whole was up 108 per cent, in terms of revenues, on the year-ago quarter – this includes the Switch chips.

CEO Jensen Huang was particularly big on the datacenter business, where Nvidia believes its GPU chips will see a large boost from the integration of machine learning and AI tools.

"Nvidia's GPU deep learning platform is the instrument of choice for researchers, internet giants and startups as they invent the future," Huang boasted.

"Our Datacenter GPU computing business nearly tripled from last year, as more of the world's computer scientists engage deep learning. One industry after another is awakening to the power of GPU deep learning and AI, the most important technology force of our time."

Nvidia also said it swiped $43m from Intel in a patent licensing deal. Nvidia shares were up 10.9 per cent in after-hours trading at $114.17. ®

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