NVIDIA sets records for earnings, revenue, margin

In a somewhat stunning announcement today, NVIDIA is reporting a record quarter ending in October. CEO Jen-Hsun Huang said that it represents a "breakout quarter - record revenue, record margins and record earnings were driven by strength across all product lines." Much of the rise comes from the full integration of the Pascal GPU architecture family, in products ranging from autonomous vehicles to servers to consumer graphics cards. 

"Our new Pascal GPUs are fully ramped and enjoying great success in gaming, VR, self-driving cars and datacenter AI computing."

Q3 2017 (fiscal) earnings crossed $2 billion, up 54% year over year. Gross margins were at 59% with net income over $540 million. 

NVIDIA expects to have an even better quarter with the holiday, aimed at $2.1 billion. A lot more details are available on NVIDIA's blog, including their Switch announcement with Nintendo, their Drive PX2 platform, and their next-generation Tegra processor, codenamed Xavier.