NVIDIA announces how much money it makes: turnover has broken another record!
November 21, 2024
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It’s one of the companies we’ve spoken to most recently, with the influence of its work in the artificial intelligence sector. NVIDIApublished its financial situation report for the
It’s one of the companies we’ve spoken to most recently, with the influence of its work in the artificial intelligence sector. NVIDIApublished its financial situation report for the third quarter of 2024. Once again the company exceeded analyst estimates results announced.
According to NVIDIA’s statement, revenues are up 94 percent year-over-year $35.1 billion It was recorded as. $30.8 billion of this revenue came from data centers. NVIDIA’s annualized data center revenue 112 percent has increased. NVIDIA belongs to the gaming category $3.3 billion earned income.
NVIDIA’s profitability doubled
The increase in turnover will also have a positive impact on profitability.as long as. According to NVIDIA’s statement, in the last 3-month period $19.3 billion profits were made. This figure is higher than in the same period last year. was 109 percent more. In a statement about the next quarter, NVIDIA said the increase in sales and profits will continue.
Statement made by NVIDIA, in the company your facesthat you laugh a clear indication. However, it must be said that parallel to these statements, there was a small-scale decline in NVIDIA stock. With the opening of the US stock markets what will happen We’ll see in the coming hours.
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.