Nvidia forecasts $108B quarterly revenue after record $96.2B quarter
Nvidia reported record quarterly revenue of $96.2 billion, up over $10 billion from the prior quarter, with data center revenue more than doubling year-over-year to $89 billion and profits more than doubling to $59.7 billion. The company forecasts $108 billion in revenue for the next quarter, which would mark its first quarter above $100 billion, joining Amazon, Apple, and Alphabet.
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The Verge AIStevie Bonifield
Nvidia's predicting it will pull in $108 billion in revenue within just a few months. It wouldn't be the first company to rake in over $100 billion in quarterly revenue - Amazon, Apple, and Alphabet have repeatedly reached the milestone. Nvidia said in its latest earnings report that it brought in a record $96.2 billion in overall revenue in the past quarter, a jump of over $10 billion from the previous quarter. Its data center revenue alone more than doubled year-over-year to a record $89 billion, and the company's profits more than doubled to $59.7 billion. Nvidia's "edge computing" category, which includes its consumer gam … Read the full story at The Verge.
