Nvidia earnings expected to show record gaming sales despite shortage MarketWatch 2/22/2021
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Nvidia Corp.’s holiday quarter is expected to produce record revenue, as the chip maker navigates a landscape in which customers struggle to buy its core gaming products.
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Nvidia is expected to report record quarterly revenue of nearly $5 billion in its fourth-quarter results, which are scheduled to arrive Wednesday after the close of markets. Analysts believe that a surge in sales of gaming cards in the holiday quarter will be the main driver: Nvidia’s gaming sales are expected to surge 58% from the year-ago quarter to a record $2.36 billion, topping last quarter’s record of $2.27 billion, according to FactSet tabulations.
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The IMC market is expected to grow from USD 11,404 million in 2020 to USD 24,522 million by 2025, at a CAGR of 16.5% during the forecast period.
In-Memory Computing (IMC) is a type of middleware software that enables users to store data in RAM, across a cluster of computers, and process it in parallel. It primarily relies on keeping data in servers RAM for processing it at faster speeds. It especially relates to processing problems that require extensive access to data analytics, reporting, or warehousing and big data applications. The explosion of big data has prompted much research to develop systems to support ultra-low latency services and real-time data analytics. IMC offers one or multiple strategies for in-memory backups, durable storage backups, and disk-based swap space overflow to end-users. It provides a comprehensive tiered storage approach, wherein users can decide what portion of the overall
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