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|seo_title=Nvidia's Q4 Financial Results Revealed | |seo_title=Nvidia's Q4 Financial Results Revealed | ||
|seo_keywords=Nvidia | |seo_keywords=Nvidia | ||
|image=nvidia. | |image=nvidia.jng | ||
|tags=Nvidia | |tags=Nvidia | ||
|date=2024-02-22T10:56:05.000Z | |date=2024-02-22T10:56:05.000Z | ||
|sources={{NewsSource | |||
|source=Venture Beat | |||
|url=https://venturebeat.com/ai/nvidias-q4-revenues-hit-22-1-up-265-from-a-year-ago/ | |||
|article=News/Nvidia's Q4 Financial Results Revealed | |||
}} | |||
|author=Andura | |author=Andura | ||
|category=Business,Companies | |category=Business,Companies | ||
Revision as of 12:03, 22 February 2024
Written by Dante Uzel on 22 February 2024 10:56
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.”
Tags: Nvidia
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