tech
Nvidia is about to be a hundred-billion-dollar-a-quarter company
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TL;DR
- Nvidia predicts $108 billion in revenue for the next quarter.
- Last quarter's revenue reached a record $96.2 billion.
- Data center revenue more than doubled year-over-year to $89 billion.
- Company profits more than doubled to $59.7 billion.
- Consumer gaming revenue saw a 27% year-over-year increase but was affected by slower sales and higher prices.
- Nvidia warned of upcoming price increases for its AI chips.