Nvidia increases quarterly revenue by 206%

15:37 - 22.11.2023


November 22, Fineko/abc.az. Following Q3 of 2023, the revenue of American technology company Nvidia increased by 206% year-on-year and by 34% compared with Q2 and reached a record of $18.12 billion.

ABC.AZ reports that the revenue of the data center division also turned out to be a record: 279% higher year-on-year - $14.5 billion.

The net profit increased by 588% year-on-year and amounted to $10 billion. Almost all indicators exceeded analysts' forecasts - thanks to active growth in demand for microprocessors for AI.

 

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