NVIDIA Q4 Revenue Up 3% to $3105M with $950M Profit

SANTA CLARA, CA, Feb 14, 2020 – NVIDIA reported revenue for the fourth quarter ended Jan 26, 2020, of $3,105M compared with $3,014M for the third quarter ended Oct 27, 2019. Net income was $950M.

Comparative analysis based on NVIDIA’s financial results in the last 12 quarters (Result source NVIDIA website)

Comparative analysis based on NVIDIA’s financial results in the last 12 quarters (Result source NVIDIA website)

“Adoption of NVIDIA accelerated computing drove excellent results, with record data center revenue,” said Jensen Huang, founder and CEO of NVIDIA. “Our initiatives are achieving great success.

“NVIDIA RTX ray tracing is reinventing computer graphics, driving powerful adoption across gaming, VR and design markets, while opening new opportunities in rendering and cloud gaming. NVIDIA AI is enabling breakthroughs in language understanding, conversational AI and recommendation engines ― the core algorithms that power the internet today. And new NVIDIA computing applications in 5G, genomics, robotics and autonomous vehicles enable us to continue important work that has great impact.

“We are well positioned for the greatest technology trends of our time,” he said.

A complete chart of the financial results is available here.

About NVIDIA

NVIDIA’s invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined modern computer graphics and revolutionized parallel computing. More recently, GPU deep learning ignited modern AI ― the next era of computing ― with the GPU acting as the brain of computers, robots and self-driving cars that can perceive and understand the world.

For more information, visit website.

Leave a Reply

Your email address will not be published.