Nvidia Breaks Down Revenue Reporting in Data Center Segment
Nvidia (NASDAQ: NVDA) has updated its financial reporting to separate revenue from hyperscalers and other customers within its data center segment, which generated a record $75.2 billion last quarter. Revenue from hyperscalers surged 115% year-over-year to $37.9 billion, now accounting for 50% of Nvidia’s data center earnings.
This reporting shift highlights Nvidia’s significant growth from hyperscale clients while indicating potential diversification opportunities beyond this segment. The company’s overall sales for its AI chips continue to show robust demand across various industries, with revenue from AI Clouds, industrial, and enterprise (labeled as ACIE) increasing by 74%.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
