NVIDIA Q4 Data Center Revenue $18.4B, Up 409% YoY, Gaming Revenue $2.9B, Up 56% YoY, Professional Visualization Revenue $463M, Up 105% YoY, Automotive Revenue $281M, Down 4% YoY
Portfolio Pulse from Benzinga Newsdesk
NVIDIA's Q4 earnings report shows significant growth in several key areas. Data Center revenue soared to $18.4 billion, marking a 409% increase year-over-year. Gaming revenue also saw a substantial rise, reaching $2.9 billion with a 56% increase YoY. Professional Visualization revenue doubled to $463 million, up 105% YoY. However, Automotive revenue slightly declined by 4% YoY to $281 million.

February 21, 2024 | 9:24 pm
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NVIDIA's Q4 earnings report shows exceptional growth in Data Center, Gaming, and Professional Visualization sectors, but a slight decline in Automotive revenue.
The substantial growth in NVIDIA's Data Center, Gaming, and Professional Visualization revenues indicates strong performance and market demand for its products, likely leading to a positive short-term impact on its stock price. However, the slight decline in Automotive revenue is a minor concern but overshadowed by the significant gains in other sectors.
CONFIDENCE 90
IMPORTANCE 95
RELEVANCE 100