Weak Demand For New GPUs Hits Nvidia Revenue

Nvidia

Last week, Nvidia presented its earnings for the fourth quarter of its 2019 fiscal year. Even though the company experienced a 21 percent gain in full fiscal year revenue, it suffered a 45 percent year-over-year loss in gaming GPU revenue. Nvidia cited several factors for the poor performance, particularly weak sales of its new Turing RTX 2070 and 2080 graphics cards.

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Nvidia specialized market revenue FY2019-2025, by quarter

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Data center segment revenue of Nvidia, AMD, and Intel 2021-2024, by quarter

Nvidia revenue worldwide FY2017-2024, by segment

Nvidia revenue worldwide FY2017-2024, by region

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Weak Demand For New GPUs Hits Nvidia Revenue

Nvidia