Nvidia is about to be a hundred-billion-dollar-a-quarter company
The Verge
Nvidia reported a record $96.2 billion in quarterly revenue and projects reaching $108 billion soon, driven largely by its massive data center business.Summary
Nvidia is on the verge of becoming a hundred-billion-dollar-a-quarter company, projecting $108 billion in revenue within the next few months. In its latest earnings report, the chipmaker announced a record $96.2 billion in overall revenue for the past quarter, with profits more than doubling to $59.7 billion. The overwhelming majority of this financial success stems from its data center business, which generated a record $89 billion. Meanwhile, Nvidia's edge computing and consumer gaming segment brought in $7.2 billion, though growth there faced headwinds from slower consumer PC sales and elevated component prices.
(Source：The Verge)