Nvidia released its earnings results for the second quarter of the fiscal year of 2022. and according to the released report, the company reported that it made $6.5 billion in revenue, which is slightly more than its guidance at the end of the previous quarter, where NVIDIA had estimated revenue to stand at $6.43 billion during the second quarter.
This growth was the product of NVIDIA’s gaming and data centre segments, and the company had announced that each segment reported a growth of 11% and 16% sequentially. The company’s financial chief, Ms Colette Kress, stated that the company’s revenue growth in gaming came from its o higher of graphics cards and console processors. In terms of growth in data centres, she attributed the company’s growth to its Ampere architecture that witnessed a higher penetration into segments like inference.
By the end of Q2, NVIDIA was at a whopping $2.4 billion in operating income and $2.37 billion in net income, marking a remarkable growth of 275% and 282% in each of the sectors, respectively. The company reported more than double the 112% operating income and 109% net income growths it exhibited at the end of its first quarter.- Advertis Nvidia’s reports a whopping $6.43 billion revenue in the Q2 of 2021 – TechnoSports