Home / Technology / Article / Nvidia reports strong revenue growth at USD 35.1 billion in AI era

Nvidia reports strong revenue growth at USD 35.1 billion in AI era

Despite a 94 per cent revenue growth in third quarter, the figure is still lower for the fourth quarter in a row, having grown 122 per cent, 262 per cent and 265 per cent in the three previous quarters. For the fourth quarter, Nvidia expects sales to be $37.5 billion plus or minus 2 per cent

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Image for representational purpose only. Photo Courtesy: Mid-day file pic

Image for representational purpose only. Photo Courtesy: Mid-day file pic

World’s largest company Nvidia reported strong results for its third quarter (ended October 27) at $35.1 billion, up 17 per cent from the previous quarter and up 94 per cent from a year ago. 

Nvidia has been a leader in AI, making it the most valuable company in the world with a market capitalisation of over $3.6 trillion.

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