The decline marked the 11th straight quarter of year-over-year fall, which is the longest duration of decline in the history of the PC industry.Īlso, Gartner’s forward-looking statements make us a shade cautious about the prospects of the PC industry. The preliminary data released by Gartner showed that PC shipments in the second quarter were down 4.3% year over year to 61.1 million units.

NVIDIA’s dependence on the PC market continues and therefore is being hurt by adverse conditions. On the flip side, the secular decline in the PC market has affected many chip makers.

We also feel that the higher adoption of NVIDIA’s Tegra processors could act as a catalyst, going forward. The company's partnership with almost all major cloud service providers (CSPs) and server vendors is a key catalyst.We believe that NVIDIA’s innovative product pipeline and strength in gaming and high-end notebook GPUs keep it well positioned. The company's GPU platforms are playing a major role in developing multi-billion-dollar end-markets like robotics and self-driving vehicles.NVIDIA is a dominant name in the Data Center, professional visualization and gaming markets where Intel and Advanced Micro Devices are playing a catch-up role. Over the years, the company's focus has evolved from PC graphics to artificial intelligence (AI) based solutions that now support high performance computing (HPC), gaming and virtual reality (VR) platforms.NVIDIA's GPU success can be attributed to its parallel processing capabilities supported by thousands of computing cores, which are necessary to run deep learning algorithms.

NVIDIA Corporation is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, or GPU.

Nvda earnings report q2 2018