In the second quarter of Nvidia's 2025 fiscal year, revenue from data centers amounted to 26.27 billion U.S. dollars. This is a dramatic increase from the 10.32 billion U.S. dollars the company generated in this segment in the same quarter of the previous fiscal year. Nvidia’s technologies are being deployed for accelerated computing and generative AI applications, notably ChatGPT.
Nvidia’s move beyond gaming and into AI
Nvidia’s solutions are being used to train and run various large language models, most notably the one developed by OpenAI. ChatGPT – which generates human-like responses to user queries within seconds – was trained using tens of thousands of Nvidia graphics processing units (GPUs), linked together in an AI supercomputer belonging to Microsoft.
Nvidia’s competitors in the AI space include cloud providers
Nvidia’s earnings helped to strengthen the company’s position in the exclusive tech three trillion club, a ranking of companies based on market capitalization, putting Nvidia up alongside the likes of Apple and Microsoft. While fellow chipmakers AMD and Intel may seem the natural competitors to Nvidia’s AI crown, the major hyperscalers also pose a substantial threat to Nvidia going forward.
Nvidia specialized market revenue worldwide from fiscal year 2019 to 2025, by quarter
(in million U.S. dollars)
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Nvidia. (August 28, 2024). Nvidia specialized market revenue worldwide from fiscal year 2019 to 2025, by quarter (in million U.S. dollars) [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/1120484/nvidia-quarterly-revenue-by-specialized-market/
Nvidia. "Nvidia specialized market revenue worldwide from fiscal year 2019 to 2025, by quarter (in million U.S. dollars)." Chart. August 28, 2024. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/1120484/nvidia-quarterly-revenue-by-specialized-market/
Nvidia. (2024). Nvidia specialized market revenue worldwide from fiscal year 2019 to 2025, by quarter (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/1120484/nvidia-quarterly-revenue-by-specialized-market/
Nvidia. "Nvidia Specialized Market Revenue Worldwide from Fiscal Year 2019 to 2025, by Quarter (in Million U.S. Dollars)." Statista, Statista Inc., 28 Aug 2024, https://www.statista.com/statistics/1120484/nvidia-quarterly-revenue-by-specialized-market/
Nvidia, Nvidia specialized market revenue worldwide from fiscal year 2019 to 2025, by quarter (in million U.S. dollars) Statista, https://www.statista.com/statistics/1120484/nvidia-quarterly-revenue-by-specialized-market/ (last visited November 17, 2024)
Nvidia specialized market revenue worldwide from fiscal year 2019 to 2025, by quarter (in million U.S. dollars) [Graph], Nvidia, August 28, 2024. [Online]. Available: https://www.statista.com/statistics/1120484/nvidia-quarterly-revenue-by-specialized-market/