NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2024
Record quarterly revenue of $22.1 billion, up 22% from Q3 and up 26.5% from Q4 FY23.
Key Highlights:
* Data center revenue grew 11% sequentially and 61% year-over-year to $3.62 billion. * Gaming revenue grew 4% sequentially and 6% year-over-year to $1.83 billion. * Professional visualization revenue grew 5% sequentially and 13% year-over-year to $641 million. * Automotive revenue grew 13% sequentially and 132% year-over-year to $291 million.NVIDIA achieved progress in these areas since its previous earnings announcement:
* Launched the NVIDIA H100 Tensor Core GPU, the world's most advanced data center GPU. * Announced the NVIDIA Omniverse platform, a virtual world simulation and collaboration platform. * Expanded its automotive partnerships with companies such as Mercedes-Benz, Volvo, and Toyota.NVIDIA's financial results demonstrate the continued strong demand for its products across all its major markets.
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