PC gamers helping these chipmakers once again
"Interestingly, Nvidia's better than anticipated results were down to strong sales of high-end graphics processors to PC gamers.
"Quarterly revenue came in well above our outlook, driven by PC gaming, capping an outstanding year for our GPU business," said Nvidia CEO Jen-Hsun Huang. "Tesla and Quadro both achieved record annual revenue."
Nvidia's fourth quarter growth in its GPU business to revenue of $947 million showed a 14 percent increase year over year. The company said that graphics sales were particularly strong for desktop PCs, with its Geforce GTX GPU sales increasing nearly 50 percent.
The boost in PC gaming division comes as a surprise, considering the recent reports from market analyst firms such as Gartner and IDC, which have both said that the PC market is slowly dying."