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| _modificationDate | Datetime | 2024-02-22 12:04:05 PM |
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| _pageName | Page | Nvidia's Q4 Financial Results Revealed |
| _pageTitle | String | News/Nvidia's Q4 Financial Results Revealed
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| date | Datetime | | 2024-02-22 10:56:05 AM |
| author | Page | | Dante Uzel |
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| content | Text | | [[Companies/Nvidia|Nvidia]] announced its fourth fiscal quarter results for fiscal 2024, ending on January 31, 2024, with revenue reaching $22.1 billion. This figure surpassed Wall Street's expectations and marked a significant increase of 265% year-over-year and 22% sequentially. The company's data center segment notably experienced remarkable growth, rising by 409% from the previous year and 27% sequentially to $18.4b. Overall, Nvidia's full-year revenue amounted to $60.9b, reflecting a substantial increase of 126% compared to the previous year.
Jensen Huang, CEO of Nvidia, stated '''“Our Data Center platform is powered by increasingly diverse drivers — demand for data processing, training and inference from large cloud-service providers and GPU-specialized ones, as well as from enterprise software and consumer internet companies. Vertical industries — led by auto, financial services and healthcare — are now at a multibillion-dollar level.”''' |
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| source | Page | Venture Beat |
| url | String | https://venturebeat.com/ai/nvidias-q4-revenues-hit-22-1-up-265-from-a-year-ago/ |
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