Driven by its success in building AI processors, NVIDIA announced record financial results with quarterly revenue up 265% year on year to of $22.1 billion, and data centre revenues up an astonishing 409% to $18.4 billion, compared to Q4 of the previous year. NVIDIA also announced record full-year revenue of $60.9 billion, up 126%.
► Complete range of NVIDIA products available from TD SYNNEX in the UK
► Full year sales up 265% as data centre sales mushroom by 400% in Q4
Commenting on the results, Jensen Huang, founder and CEO of NVIDIA, said: ‘Accelerated computing and generative AI have hit the tipping point. Demand is surging worldwide across companies, industries and nations. Our Data Center platform is powered by increasingly diverse drivers — demand for data processing, training and inference from large cloud-service providers and GPU-specialised ones, as well as from enterprise software and consumer internet companies. Vertical industries — led by auto, financial services and healthcare — are now at a multibillion-dollar level.
‘NVIDIA RTX, introduced less than six years ago, is now a massive PC platform for generative AI, enjoyed by 100 million gamers and creators. The year ahead will bring major new product cycles with exceptional innovations to help propel our industry forward.’
Media reports noted that while 40% of the company’s revenues currently come from technology companies, CEO Jensen Huang noted that organisations in all sectors are now embracing AI.
The full range of NVIDIA enterprise software and accelerated computing products are available from TD SYNNEX – including AI processors, Omniverse Enterprise software licenses, and high-performance networking adapters and accelerated computing GPUs and superchips.
This allows partners to make use of TD SYNNEX’s accelerated delivery, flexible credit and finance options, as well as its technical and professional services to maximise their opportunities with NVIDIA.
For more information, please contact our team by clicking the link below.
