finance

NVIDIA Announces Record Quarterly and Full-Year Revenues

February 22 ,2024
NVIDIA office

Gaming revenue was up 56% from a year ago and flat sequentially. Fiscal year revenue was up 15%. The year-on-year increases for the quarter and fiscal year reflect higher sell-in to partners following the normalization of channel inventory levels and growing demand, it said.

Professional Visualization revenue was up 105% from a year ago and up 11% sequentially. Fiscal year revenue was up 1%. The year-on-year increase for the quarter primarily reflects higher sell-in to partners following the normalization of channel inventory levels.

The sequential increase was primarily due to the ramp of desktop workstations based on the Ada Lovelace GPU architecture, it said.

Automotive revenue was down 4% from a year ago and up 8% sequentially. Fiscal year revenue was up 21%. The sequential increase was driven by self-driving platforms. (*)

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