NVIDIA surprised more than a few people by breaking a sales record in the data center server market. Late Thursday their stock shares saw a significant spike after a new report showed unprecedented gains for team green. MarketWatch reported on the herculean rise of NVIDIA’s green monster as it exceeded projections. Originally thought to have around $825.8 million in sales they breezed by that milestone to a shocking $968 million. This was surprising, as according to MarketWatch, they have never exceeded $800 million before. Chief Executive Jensen Huang attributed this primarily to AI.
This gain is all the more impressive since they have been facing increased competition from AMD. Having seen gains in numerous markets including consumer, data center, and super-computing, arenas AMD has provided alternative choices on nearly all fronts. Team Green is prepping further AI events soon as the GPU Technology Conference, or GTC 2020, is around the corner. It runs from March 22nd to March 26th. With this new sales record the NVIDIA DXG is sure to be a star of the show. Recently they, along with others did have to cancel their appearance at the Mobile Word Congress due to the Coronavirus outbreak.
Beth McKenna of The Motley Fool noted back in November that such an occurrence was likely for NVIDIA. She reported on how Alphabet company Google incorporates NVIDIA GPU’s for BERT, or Bidirectional Encoder Representations from Transformers. That is a mouthful. It is a natural language processing model that NVIDIA also has a story on their homepage here. NVIDIA smashed eight records last July in six MLPerf categories. Bragging rights go further as they were the only company to submit in all six categories. All of this new comes as many on the consumer front anxiously await news for their next generation of GPU’s.