Nvidia reports Q2 adjusted EPS $2.18, consensus $1.97

Nvidia (NVDA) reports Q2 revenue $3.87B, consensus $3.65B. "Adoption of NVIDIA computing is accelerating, driving record revenue and exceptional growth," said Jensen Huang, founder, and CEO of NVIDIA. "Growth in GeForce gaming accelerated as gamers increasingly immerse themselves in realistic virtual worlds created by NVIDIA RTX ray tracing and AI. Our new Ampere GPU architecture is sprinting out of the blocks, with the world's top cloud service providers and server makers moving quickly to offer NVIDIA accelerated computing.

Mellanox grew sharply, driven by the need for high-speed networking in cloud data centers to scale-out AI services. And Mercedes-Benz's partnership with NVIDIA to power its next-generation fleet of luxury cars -- from the computer to the AI software, and from the cloud to the car -- is transformative. Despite the pandemic's impact on our professional visualization and automotive platforms, we are well-positioned to grow, as gaming, AI, cloud computing and autonomous machines drive the next industrial revolution around the world," he said.