The spread of coronavirus throughout the world has also affected the economy negatively. In many sectors, pauses started to occur due to COVID-19. Despite the support packages announced by the governments, the large indexes decreased by more than 25%. The NVIDIA company made some statements regarding the first quarter of the 2020 fiscal year under the shadow of the coronavirus. The company has shed light on the business environment, China’s recovery, other suppressive concerns and the effects of COVID-19. Laptop demand is on the rise Colette Kress, CFO of the US-based company, said there is a recovery in laptop demand especially in China. As the epicenter of the virus shifted to Europe, the Space East country began to recover economically. NVIDIA started to experience a similar recovery in the USA and Europe. NVIDIA’s supply side of these products began to strengthen. The company said in its report today that the supply chain will recover between 70% and 80% at the end of this quarter. In addition, this growth will focus on the personal computer segment. According to Kress, the areas where NVIDIA increased due to COVID-19 are as follows; Laptops Mobile and virtual GPUs Desktop computers Work stations Internet, cloud and hyper-scale platforms NVIDIA; He said that the accelerated method, natural language processing and interactive artificial intelligence demand in models also increased by the health service. The company did not make any changes to Datacenter’s total accessible market forecast of $ 50 billion. This estimate of the company is valid for the end of 2023. The company’s market size estimate this year is $ 30 billion. NVIDIA does not expect any problems in notebook stocks Kress also answered questions about the company’s balance sheet and its importance in conducting operations during the process. The manager said he thinks that the demand for Datacenter and player products will help him get over the next few months. The company’s current priority will be to ensure that all supply needs are mixed. NVIDIA Senior Vice President Jeff Fisher said that the company can handle the supply shortage in the desktop area more easily than mobile products such as notebooks. Fisher stated that although laptop demand is high, no significant problems are expected in stocks. Jeff Fisher noted that the company has also reinforced its stock for desktop products, although there has been an increase in demand for laptops. The company’s senior vice president also shared some statistics about the company’s cloud-based game service. According to the figures announced, 80% of GeForce Now users use low power platforms for their service. Fisher also believes that GeForce Now users have increased play times this month.
