On Wednesday, February 16, NVIDIA announced financial results for the fourth quarter of fiscal year 2022 (ended January 30) and all of 2021. Its revenue for the quarter was a record amount for the company
Almost half of the amount (approximately $12.4 billion) comes from the gaming division. The data center segment accounted for $10.6 billion. The remaining items of profit all together barely reached $4 billion - $2.1 billion for the professional virtualization segment, $566 million for the automotive segment, and $1.1 billion came from OEM and other projects. I would like to note that the report does not indicate how mining affected revenue. But everyone knows that the sale of "cards for miners" in general brought the company $ 550 million per year.
NVIDIA posted net income of $9.7 billion, while the company recently paid a $1.36 billion penalty to ARM due to a regulatory ban on the acquisition.
Jensen Huang Founder and CEO of NVIDIA
“We are seeing exceptional demand for NVIDIA computing platforms. “NVIDIA is driving advances in artificial intelligence, digital biology, climate science, gaming, creative design, autonomous vehicles and robotics, some of the most impactful fields today. We enter the new year with strong momentum in our business and great support for our new software business models with NVIDIA AI, NVIDIA Omniverse and NVIDIA DRIVE. GTC is coming. We are announcing many new products, applications and partners for NVIDIA computing.”
And although there is now talk of a semiconductor crisis, NVIDIA is no exception in a kind of trio of microchip manufacturers. She joined AMD and Intel, which also reported their biggest earnings for fiscal year 2022. Thanks to record revenue, NVIDIA overtook Meta Corporation in terms of capitalization.
However, with excellent performance in terms of revenue and capitalization, NVIDIA's shares began to fall. There is an opinion that investors could be upset by the so-called "gross walrus indicator", which has not changed in percentage - 67%. Probably, according to the results of the current quarter, it will not change. Also, the failure of the deal with ARM could have affected the fall in shares.
bbabo.Net