Home » Nvidia announces record revenue of $8.29 billion (+46% 2021)

Nvidia announces record revenue of $8.29 billion (+46% 2021)

Nvidia announced financial results for the company’s first quarter, which ends May 1. This results in generating $8.29 billionwhich implies huge growth of 46% compared to the same period in 2021, and 8% more compared to the previous quarter. This strong growth was possible thanks to record revenues in both the Data Center and Gaming divisions.

GAAP diluted earnings per share for the quarter was $0.64, down 16% from a year ago and 46% from the prior quarter, and includes a $0.52 after-tax impact related to the ARM acquisition completion charge of $1 .35 billion dollars. Diluted non-GAAP earnings per share were $1.36, up 49% from a year ago and 3% from the prior quarter.

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“We achieved record results in data centers and gaming in a harsh macro environment,” said Jensen Huang, Founder and CEO of Nvidia. “The power of deep learning to automate intelligence is driving businesses across industries to adopt NVIDIA for AI computing. The data center has become our biggest platform, even as gaming has achieved a record quarter.

We are preparing for the biggest wave of new products in our history, with new GPUs, CPUs, DPUs and robotics launched in the second half. Our new chips and systems will be a breakthrough for AI, graphics, omniverses, self-driving cars and robotics, and the many industries these technologies impact. »

If we pull out the magnifying glass, Data centers generated $3,750 million83% more compared to 1 year and 15% compared to the previous quarter. The Gaming division generated $3,620 million, 31% more than last year and 6% more than the last quarter. Professional visualization generated $662 million (+67%/-3%) and automotive and robotics generated $138 million (-10%/+10%).

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