Nvidia is currently experiencing a high again, which caused the share price to shoot up significantly. In the fourth quarter of 2023, around 1.4 billion US dollars could be reported as a profit. While that’s a halving from the previous quarter, it shows that the manufacturer is continuing to address the shrinking PC market can defy.
Revenue in the fourth fiscal quarter of 2023 was $6.05 billion. In 2023 as a whole, Nvidia was able to generate around 26.92 billion US dollars. While Nvidia’s revenue remained nearly identical to the previous fiscal year, profits fell by 55%. Ultimately, revenue in the gaming segment is going down, which is to be expected after the pandemic peak. For this you take z. B. take home more from the areas of “Professional Visualization” and “Automotive”.
Incidentally, with regard to the decreasing gaming revenues, Nvidia not only refers to graphics cards, but also to the falling delivery quantities of SoCs for game consoles. But only one company buys chips from Nvidia: Nintendo. So the Japanese are delivering fewer switch consoles.
The Nvidia CEO, Jensen Huang, primarily emphasized the successes in the B2B area to investors and also referred to successes through AI systems such as ChatGPT and the new Bing functions. Nvidia, whose hardware is usually used in the background, also benefits from this. Otherwise, after a new revenue record in the automotive sector, there is still much promise from this line of business and partnerships such as that with Mercedes-Benz.
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