Gearbest Tech
[Gearbest News]Recently, Gearbest noticed that Nvidia announced its second fiscal quarter data of 2023. At the same time, at NVIDIA’s 2024 second financial reporting season online investor exchange meeting held on August 24, NVIDIA executives stated on the impact of the United States’ upgrade of China’s artificial intelligence regulatory measures that in view of the strong global demand for NVIDIA products, The company does not expect that the additional export restrictions will have an immediate material impact on the financial performance of data center GPUs; however, if the long-term ban on sales of data center GPUs to China is implemented, it will cause the Nvidia industry to lose competition and success in one of the world's largest markets. Opportunities to lead.
According to data released by NVIDIA, in the second fiscal quarter of 2023, NVIDIA's total revenue was US$13.507 billion, an increase of 101% compared to the second fiscal quarter of 2022, setting a record high, and net profit was US$6.188 billion, which was relatively high. An increase of 843% from the second fiscal quarter of 2022, and the adjusted net profit not in accordance with U.S. GAAP was US$6.74 billion. Among them, the data center business is Nvidia's highest revenue business segment, with single-quarter revenue of US$10.32 billion, an increase of 171% from the second fiscal quarter of 2022, while the revenue of the gaming business, visualization business and motor vehicle business were all for hundreds of millions of dollars.
Currently, Nvidia has a great influence on the field of artificial intelligence, and their chips are important products for optimizing artificial intelligence. Also benefiting from the rapid development of artificial intelligence, NVIDIA not long ago became the first chip company in the world with a market value exceeding one trillion U.S. dollars, and it is currently the only one.
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