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Reading: Nvidia is still making billions in Q4 2023 despite a giant drop in PC demand
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Dubai News Club > Tech > Nvidia is still making billions in Q4 2023 despite a giant drop in PC demand
Tech

Nvidia is still making billions in Q4 2023 despite a giant drop in PC demand

Press Room
Last updated: 2023/02/22
Press Room
Published: February 22, 2023
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Nvidia just reported its fourth quarter and full-year earnings, and it’s not exactly rosy — at least compared to pandemic highs. Last year, Nvidia had record quarterly revenue of $7.64 billion, including $3 billion in pure profit. For Q4 of its fiscal 2023, the company forecast that it would see just $6 billion in quarterly revenue in today’s earnings results, and that’s just about where it landed: $6.05 billion in revenue, down 21 percent, of which $1.4 billion was profit, down 53…

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