Nvidia announced 1Q earnings. They have become a semi juggernaut thanks to their data center business. More to come.
Big news is that they expected 2Q revenue of $11B, up 53% from Q1 and 69% y/y.
*Note: Nvidia follows a fiscal schedule but I am putting everything in terms of the normal calendar year even though there is about a 1 month difference (Feb. - Apr for Nvidia).
- Quarterly revenue of $7.19 billion, up 19% from previous quarter
- Record Data Center revenue of $4.28 billion
- Second quarter fiscal 2024 revenue outlook of $11.00 billion
Big news is that they expected 2Q revenue of $11B, up 53% from Q1 and 69% y/y.
*Note: Nvidia follows a fiscal schedule but I am putting everything in terms of the normal calendar year even though there is about a 1 month difference (Feb. - Apr for Nvidia).
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