If you are trying to figure out what impact the new "Pascal" family of GPUs is going to have on the business at Nvidia, just take a gander at the recent financial results for the datacenter division of the company. If Nvidia had not spent the better part of a decade building its Tesla compute business, it would be a little smaller and quite a bit less profitable. In the company's first quarter of fiscal 2017, which ended on May 1, Nvidia posted sales of 1.31 billion, up 13 percent from the year ago period, and net income hit 196 million, up 46 percent over the same term. These are the kinds of growth numbers that all IT vendors like to show to Wall Street, especially with profit growth significantly outpacing revenue growth. The datacenter portion of Nvidia, which it only started reporting on separately last year and for which it has given two years of financial results since it has become materially relevant, is growing much faster than the overall business.

Last week, NVIDIA released its first-quarter fiscal 2017 report, which included some impressive results. The graphics-processor maker posted Q1 revenue of 1.3 billion, an increase of 13% year over year, and non-GAAP earning per share were up 39% from the year-ago quarter to 0.46. Wall Street analysts had been expecting revenue of around 1.26 billion and EPS of 0.41. NVIDIA co-founder and CEO Jen-Hsun Huang said the revenue and earnings growth were spurred on by all of the key segments of its business. "We are enjoying growth in all of our platforms -- gaming, professional visualization, datacenter and auto," Huang said in a press release.

Last week, NVIDIA (NASDAQ:NVDA) released its first-quarter fiscal 2017 report, which included some impressive results. The graphics-processor maker posted Q1 revenue of 1.3 billion, an increase of 13% year over year, and non-GAAP earning per share were up 39% from the year-ago quarter to 0.46. Wall Street analysts had been expecting revenue of around 1.26 billion and EPS of 0.41. NVIDIA co-founder and CEO Jen-Hsun Huang said the revenue and earnings growth were spurred on by all of the key segments of its business. "We are enjoying growth in all of our platforms -- gaming, professional visualization, datacenter and auto," Huang said in a press release.

Let's skip to the chase: Self-driving cars are going to be The Next Big Thing (tm). Here's how you can make big money from this revolution, no matter which carmaker or technology platform comes out on top. Since Alphabet started leading this futuristic idea out into the mainstream, the car industry itself has turned in that direction. Name a carmaker, and I bet the company has developed at least the embryo of a self-driving platform. You can already find traces of this upcoming revolution inside current cars, powering automatic parallel-parking systems or highway-speed autopilots.

Nvidia's (NVDA) AI technology with Facebook (FB), Alphabet (GOOGL) and Microsoft (MSFT) is powering "superhuman" levels of inference, or artificial intelligence, Nvidia CEO Jen-Hsun Huang said Thursday, after the Tesla Motors (TSLA) partner blasted Q1 views on record deep-learning sales. "The truth is that nobody really knows how big this deep-learning market is going to be," Huang said on the company's earnings conference call. He referred specifically to gains that customer Microsoft was making with AI and deep learning. "The work that recently was done at Microsoft Research, they've achieved superhuman levels of inferencing … of image recognition and voice recognition that's really kind of hard to imagine," he said, "and these networks are now huge." On the stock market today, Nvidia stock rocketed 15% and hit an all-time high of 41.

General Motors has completed its acquisition of Cruise Automation, the 3-year-old San Francisco startup that may provide a critical piece of technology in the quest to bring a fully autonomous car to market soon. The automaker won't disclose the final price or other terms until this summer when it reports second-quarter financial results. Multiple media sources have reported that GM is paying at least 1 billion for Cruise. "General Motors is pleased to announce it has completed the closing of the acquisition of Cruise Automation," the company said in a statement. The deal's consummation had been threatened by a pair of lawsuits involving Cruise cofounder and CEO Kyle Vogt and Jeremy Guillory, who said he was an early partner in the company.

Nvidia's (NVDA) AI technology with Facebook (FB), Alphabet (GOOGL) and Microsoft (MSFT) is powering "superhuman" levels of inference, or artificial intelligence, Nvidia CEO Jen-Hsun Huang said Thursday, after the Tesla Motors (TSLA) partner blasted Q1 views on record deep-learning sales. "The truth is that nobody really knows how big this deep-learning market is going to be," Huang said on the company's earnings conference call. He referred specifically to gains that customer Microsoft was making with AI and deep learning. "The work that recently was done at Microsoft Research, they've achieved superhuman levels of inferencing … of image recognition and voice recognition that's really kind of hard to imagine," he said, "and these networks are now huge." In midday trading on the stock market today, Nvidia stock was up more than 14% and hit an all-time high at 40.30.

Good afternoon, my name is --, and I'll be your conference coordinator today. I would like to welcome everyone to NVIDIA (NASDAQ: NVDA) Financial Results Conference Call. All lines have been placed on mute. After the speakers' remarks, there will be a question-and-answer period. Participants to register for question by pressing one followed by the four on your telephone. This is conference is being recorded Thursday, May 12, 2016. I would now like to turn the call over to Arnab Chanda Vice President of Investor Relations at NVIDIA. With me on the call today from NVIDIA are Jen-Hsun Huang, President and Chief Executive Officer; and Colette Kress, Executive Vice President and Chief Financial Officer. I'd like to remind you that today's call is being webcast live on NVIDIA's Investor Relations website. It is also being recorded. You can hear a replay by telephone until May 19, 2016. The webcast will be available for replay up until next quarter's conference call to discuss Q2 financial results. The content of today's call is NVIDIA's property. It cannot be reproduced or transcribed without our prior written consent. During the course of this call, we may make forward-looking statements based on current expectations.

A file photo dated 06 January 2004 shows Apple Computer's CEO Steve Jobs sitting in front of a project Apple Computer logo during his keynote speech at the MacWorld Expo in San Francisco, California, USA. Apple's (AAPL) epic fall on the stock market took a symbolic turn Thursday after its market value again dropped below its top rival's. That makes it second fiddle behind Google parent Alphabet (GOOGL) at 499.9 billion. Shares of Apple have been in freefall this year, dropping more than 14%, amid the company's disappointing first-quarter results. It's the second time this year Alphabet's market value has surpassed Apple's.

Tesla Motors (TSLA) partner Nvidia (NVDA) rocketed late Thursday after the maker of graphics chips beat Q1 sales expectations and topped earnings views by a penny, led by faster adoption of artificial intelligence technology that utilizes Nvidia graphics chips. In after-hours trading after its earnings release, Nvidia stock was up nearly 6%, rebounding from a 1.4% dip, to 35.57, in the regular session. Shares are up 8% for the year. For Q1, Nvidia reported 1.3 billion in sales and 33 cents earnings per share, up a respective 13% and 38% vs. the year-earlier quarter, and topping the consensus of 26 analysts polled by Thomson Reuters for 1.26 billion and 32 cents. CEO Jen-Hsun Huang credited accelerated growth of deep-learning, or AI, technology for the Q1 beat.