Nvidia forecasts sales above estimates as gaming chip sales surge

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Nvidia Corp forecast better-than-expected fiscal first-quarter revenue on Wednesday, expecting strong demand for its graphics chips used in gaming PCs and artificial intelligence chips for data centers.

As people wait for COVID-19 vaccine rollouts around the world, stay-at-home orders have helped sustain the demand for chips used in personal computers, gaming devices and data center infrastructure that enables remote working.

In a statement, Chief Financial Officer Colette Kress said that the global chip supply crunch had constrained supplies. The company expects first-quarter revenue of $5.30 billion, plus or minus 2%, above analysts’ average estimate of $4.51 billion.

 

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The term 'gaming chip' is used here to refer to discrete GPUs made for the gaming market. Obviously, as the article notes and most of us know, these GPUs are being snapped up to 'mine' crypto 😑

Yet I still can’t buy any...

I believe the word you’re looking for isn’t gaming, it’s “GPU Mining”

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