Nvidia has reported a record revenue of $96.2 billion for the last quarter, primarily driven by its data center business, which saw a significant year-over-year increase. The company anticipates reaching $108 billion in revenue in the next quarter, joining the ranks of other tech giants that have surpassed the $100 billion mark in quarterly earnings.
While Nvidia's data center revenue surged to $89 billion, its consumer gaming segment generated $7.2 billion, reflecting a slower market due to high component prices and ongoing shortages. The company has indicated potential price increases for its AI chips, which could impact future sales and market dynamics.