Nvidia made $5 billion throughout a GPU scarcity and expects to do it once more in Q1


Illustration by Alex Castro / The Verge

Nvidia has shared its This autumn 2021 earnings, and regardless of the corporate’s GPUs being in extraordinarily low provide, it didn’t appear to harm how a lot cash the corporate made. Actually, it reported a file $5 billion in income, which is up 61 % year-over-year. What’s extra spectacular is that Nvidia expects to make one other $5 billion in income throughout Q1 2022.

This optimistic outlook is stunning on condition that Q1 is mostly slower than different quarters, even for the most important tech firms, because it follows the push of individuals shopping for a number of merchandise in the course of the vacation interval. It’s typically a slower interval generally for product releases throughout tech and gaming. Additionally, let’s not neglect the GPU scarcity continues to be occurring. Nvidia reiterated that sparse provide…

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