By Thursday morning, NVIDIA is due to report on its third fiscal quarter results, and so far industry analysts expect $4.42 billion of quarterly revenue to be generated by gaming products. The deficit of new GeForce RTX 30-series graphics cards will be overcome in time, and the company will be able to strengthen its position in the gaming market in the future.
A year ago, NVIDIA’s revenue reached $3.01 billion, so its projected value for the past quarter ($4.42 billion) will be almost a one-and-a-half increase. If in the second fiscal quarter the revenue in the server segment ($1.75 billion) turned out to be higher than in the gaming segment ($1.65 billion) as a result of the Mellanox accession, the third quarter should return the dominance of the game direction.
However, the share of the server segment will fall at least $1.8 billion, as analysts expect, although in the structure of this part of the revenue will dominate not Mellanox solutions, but its own NVIDIA computing boosters.
Cascend Securities experts say that already in September the demand for new NVIDIA gaming graphics cards reached the level inherent in the later periods of autumn. According to experts, NVIDIA stock price is likely to grow from the current $541 to $620.
Susquehanna representatives insist on the possibility of increasing the company’s share price to $610, calling the deficit of gaming GPUs of Ampere family a temporary phenomenon. In the long term, they believe NVIDIA will continue to increase its market share and the average selling price of graphics cards.