SANTA CLARA, CA, Aug 25, 2022 – NVIDIA reported record revenue for the second quarter ended July 31, 2022, of $6.70B compared with $8.29B for the first quarter ended May 1, 2022. Net income was $656M.
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)
“We are navigating our supply chain transitions in a challenging macro environment and we will get through this,” said Jensen Huang, founder and CEO of NVIDIA.
“Accelerated computing and AI, the pioneering work of our company, are transforming industries. Automotive is becoming a tech industry and is on track to be our next billion-dollar business. Advances in AI are driving our Data Center business while accelerating breakthroughs in fields from drug discovery to climate science to robotics.
“I look forward to next month’s GTC conference, where we will share new advances in RTX, as well as breakthroughs in AI and the metaverse, the next evolution of the internet. Join us,” he said.
A complete chart of the financial results is available here.
About NVIDIA
Since its founding in 1993, NVIDIA has been a pioneer in accelerated computing. The company’s invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined computer graphics and ignited the era of modern AI. NVIDIA is now a full-stack computing company with data-center-scale offerings that are reshaping industry.
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