Inveida CFO: the lack of graphics card has little to do with mining

In the latest quarterly performance report, chief financial officer Colette Kress said that the latest amp architecture graphics card of NVIDIA was popular not only because of the explosion of mining market, but that even without the recent mining tide, it would not affect the quarterly performance of NVIDIA.

Colette Kress, chief financial officer, inveida

Inveida CFO: the lack of graphics card has little to do with mining

Even if the mining industry is no longer profitable as it was before, it will have the same impact on the new graphics card, explains the company’s chief financial officer, Colette Kress, who recently attended a conference call with Raymond James institutional investor brokers. “This quarter, whether there is a mineral boom or not, the results may be the same because our supply is limited,” Colette Kress said. So we will continue to focus on (the lack of graphics card). We believe that our CMP products will give us a better understanding of the scale of the mining boom this quarter. “

Inveida CFO: the lack of graphics card has little to do with mining

In addition, Colette Kress, chief financial officer of NVIDIA, said: “we released the rtx30 series game graphics card with amp architecture in early last year and achieved great success, which may be the most successful game graphics card we have ever achieved. Now we can also list more than 30 games that support light chasing. And we can see that with the performance of our 30 series products greatly improved, the user demand is also very amazing.

Our RTX 3070, 3080 and 3090 are now on the market for months. During this period, these graphics cards show the game performance of the amp architecture, which can not only meet the real needs of the game players, but also surprise content creators and studios. So, as time goes on, we will continue to launch new products for the 30 series graphics cards.

Our latest video card is RTX 3060. This is the best choice for gamers, and they buy excellent performance at a lower price. In Asia Pacific, our dealers will basically choose the xx60 model when they build the non-public graphics card. Rtx3060 was sold out in a few hours after it was released last week. It was designed for gamers, and the players were excited about it. Now we have $329 amp cards that can meet any type of gamer, all of which are far below the cost of the new console. “