GPUsNews

NVIDIA Increases Q1 Revenue Outlook of CMP Mining GPUs by 3x to $150 Million

NVIDIA updated its Q1 revenue estimate to $5.3 billion+ on account of “broad-based strength” across various end markets. One of the notable increases is expected to come from the CMP cryptomining processors which are now predicated to pull on 3x more than previously predicted: From $50 million to $150 million. Although the company continues to reiterate that the CMP lineup doesn’t affect the supply of gaming graphics cards, it’s important to note that both product stacks leverage the same silicon, with the top-end part being based on the same GPU die as the GeForce RTX 3080/3090 (GA102).

30X40X50X90X
ArchitectureTuring (TU116)Turing (TU106)Turing (TU104)Ampere (GA102)
Ethereum Hash Rate26 MH/s36 MH/s45 MH/s86 MH/s
Rated Power125 W185 W250 W320 W
Power Connectors1x 8-pin1x 8-pin2x 8-pin2x 8-pin
Memory Size6GB8GB10GB10GB
Starting AvailabilityQ1Q1Q2Q2
The CMP lineup is based on the Turing and Ampere dies

While the lower-end 30HX and 40HX are based on the Turing dies, TU116, and TU106 which power the GTX 16 series parts, the 50HX uses the same GPU core as the RTX 2080/2070 class GPUs. On the top-end, we’re looking at the 90HX which is based on the GA102, in other words, an RTX 3080/3090 which are in extremely low demand.

Within Data Center we have good visibility, and we expect another strong year. Industries are increasingly using AI to improve their products and services. We expect this will lead to increased consumption of our platform through cloud service providers, resulting in more purchases as we go through the year. Our EGX platform has strong momentum, and we expect this will drive increased revenue from enterprise and edge computing deployments in the second half of the year.

Colette Kress, Nvidia CFO

NVIDIA’s shares rose by 6% after the company announced its Arm-based Grace CPUs and its extended GPU roadmap, while Intel’s dropped by 5%. Although the end-consumers have been unable to get their hands on any gaming graphics cards, demand has remained strong with the company expected to see another record quarter.

Areej

Computer Engineering dropout (3 years), writer, journalist, and amateur poet. I started my first technology blog, Techquila while in college to address my hardware passion. Although largely successful, it was a classic example of too many people trying out multiple different things but getting nothing done. Left in late 2019 and been working on Hardware Times ever since.
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