More than 200 games and applications now support NVIDIA RTX including 125 with NVIDIA DLSS. RTX introduced ground breaking real-time ray-tracing and AI enabled super resolution capabilities, which are getting adopted at an accelerating pace. NVIDIA RTX technology is driving our biggest upper refresh cycle with gamers and continues to expand our base with creators. Laptop GPUs also posted strong year-on-year growth led by increased demand for high-end RTX laptops. We believe channel inventories remain low. Demand was strong across the board while we continue to increase desktop GPU supply. Starting with gaming, revenue of $3.2 billion was up 5 % sequentially, and up 42 % from a year earlier.
#Nvda earnings q3 professional
We've set records for total revenue as well as for gaming, data center, and professional visualization. Q3 was an outstanding quarter with revenue of $7.1 billion and year-on-year growth of 50 %.
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With that, let me turn the call over to Colette. You can find a reconciliation of these non-GAAP financial measures to GAAP financial measures in our CFO commentary, which is posted on our website. During this call, we will discuss non-GAAP financial measures.
#Nvda earnings q3 update
Except as required by law, we assume no obligation to update any such statements. Our most recent forms,10-K and 10-Q, and the reports that we may file on Form 8-K with the Securities and Exchange Commission.Īll our statements are made as of today, November 17, 2021, based on information currently available to us. For a discussion of factors that could affect our future financial results and business, please refer to the disclosure in today's earnings release. These are subject to a number of significant risks and uncertainties and our actual results may differ materially. During this call, we may make forward-looking statements based on current expectations. It can be reproduced or transcribed without our prior written consent. The content of today's call is NVIDIA's property. The webcast will be available for replay until the conference call to discuss our financial results for the fourth quarter and fiscal year 2022. I'd like to remind you that our call is being webcast live on NVIDIA's Investor Relations website. With me today from NVIDIA are Jensen Huang, President and Chief Executive Officer, and Colette Kress, Executive Vice President and Chief Financial Officer. Good afternoon, everyone, and welcome to NVIDIA's conference call for the third quarter of fiscal 2022. Simona Jankowski, you may begin your conference.
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After the speakers ' presentation, there will be a question-and-answer session. All lines have been placed on mute to prevent any background noise. At this time, I would like to welcome everyone to the NVIDIA's Third Quarter Earnings Call. My name is Sadie and I'll be your conference operator today.
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Simona Jankowski – Vice President Investor RelationsĬolette Kress – Executive Vice President and Chief Financial Officer Jensen Huang – President and Chief Executive Officer NVIDIA Corporation ( NASDAQ: NVDA) Q3 2021 Earnings Conference Call Novem5:00 PM ET