Leading GPU manufacturer Nvidia reported its Q2 2017 earnings on August 11th. The company built on its growth momentum by posting revenues of $1.43 billion, an increase of 24% over the prior year and 9% quarter to quarter. It was above guidance and consensus as well. Except for a 6% decline in its OEM and IP business (in line with declining mainstream PC demand), Nvidia witnessed strong growth in all its business segments. The company registered strong double digit growth across its four key platforms – Gaming, Professional Visualization, Datacenter and Automotive, which together account for 89% of its revenue, up from 85% a year earlier.
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