continues to defy gravity reporting record revenue of $18.1 billion, up 34% sequentially and more than 200% year-on-year, exceeding the $17.5 billion buy side estimates. Data Center revenue was $14.5 billion, up 41% sequentially and 279% year-on-year, driven by the NVIDIA HGX platform and InfiniBand networking. About half of the data center revenue came from CSPs and the other half from consumer internet companies and enterprise ramping to deploy Gen AI. Gaming revenue was $2.86 billion, up 15% sequentially and more than 80% year-on-year. ProViz revenue reached $416 million, up 10% sequentially and 108% year-on-year. Automotive revenue increased to $261 million, up 3% sequentially and 4% year-on-year. Even more impressive than the topline growth is that 3Q operating margin came in at 57% compared to 10% last year and is at 50% through the first 9-months of the year compared to 14% in ‘22.
$NVDA Thoughts Post 3Q Results
$NVDA Thoughts Post 3Q Results
$NVDA Thoughts Post 3Q Results
continues to defy gravity reporting record revenue of $18.1 billion, up 34% sequentially and more than 200% year-on-year, exceeding the $17.5 billion buy side estimates. Data Center revenue was $14.5 billion, up 41% sequentially and 279% year-on-year, driven by the NVIDIA HGX platform and InfiniBand networking. About half of the data center revenue came from CSPs and the other half from consumer internet companies and enterprise ramping to deploy Gen AI. Gaming revenue was $2.86 billion, up 15% sequentially and more than 80% year-on-year. ProViz revenue reached $416 million, up 10% sequentially and 108% year-on-year. Automotive revenue increased to $261 million, up 3% sequentially and 4% year-on-year. Even more impressive than the topline growth is that 3Q operating margin came in at 57% compared to 10% last year and is at 50% through the first 9-months of the year compared to 14% in ‘22.