"Adoption of Nvidia accelerated computing drove excellent results, with record data center revenue," said CEO Jensen Huang. "Our initiatives are achieving great success." Huang added, "Nvidia RTX ray tracing is reinventing computer graphics, driving powerful adoption across gaming, VR and design markets, while opening new opportunities in rendering and cloud gaming." Analysts had expected the ray tracing chip to drive particularly strong results in gaming revenue. The company did reduce its current quarter revenue estimates by $100 million due to the impact of the coronavirus in China.Management is now looking for revenue of $3 billion, plus or minus 2%, still ahead of consensus estimates of $2.89 billion. Adjusted gross margin is expected to be 65.4%, plus or minus 0.5 percentage points, against expectations of 63.5%. The stock had risen 13% year-to-date leading into the earnings print. Catch up on the Latest Videos on TheStreet !