NVIDIA Announces Record Q1 Fiscal 2022 Revenue of $5.66 Billion, an 84 Percent Increase from Last Year

[Tsing]

Image: NVIDIA



NVIDIA has released the first-quarter results for its fiscal 2022, and they are extremely positive. Green managed to attain a record revenue of $5.66 billion, an increase of 84 percent from the previous year. Not surprisingly, the biggest portion of NVIDIA’s income was owed to its gaming segment, which amounted to a record $2.76 billion—up 106 percent from last year and 11 percent from the previous quarter. NVIDIA also revealed that its CMP (Cryptocurrency Mining Processor) lineup had sales of $155 million.



Image: NVIDIA



“We had a fantastic quarter, with strong demand for our products driving record revenue,” said Jensen Huang, founder and CEO of NVIDIA. “Our Data...

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[Grimlakin]

Will be interesting to see as Crypto moves away from GPU mining what happens to Nvidia's income.

 

[Auer]

Will be interesting to see as Crypto moves away from GPU mining what happens to Nvidia's income.

Most likely it will matter less than imagined. Nvidia is not exactly shortsighted.