NVIDIA Announces Record Q1 Fiscal 2022 Revenue of $5.66 Billion, an 84 Percent Increase from Last Year

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NVIDIA has released the first-quarter results for its fiscal 2022, and they are extremely positive. Green managed to attain a record revenue of $5.66 billion, an increase of 84 percent from the previous year. Not surprisingly, the biggest portion of NVIDIA’s income was owed to its gaming segment, which amounted to a record $2.76 billion—up 106 percent from last year and 11 percent from the previous quarter. NVIDIA also revealed that its CMP (Cryptocurrency Mining Processor) lineup had sales of $155 million.


“We had a fantastic quarter, with strong demand for our products driving record revenue,” said Jensen Huang, founder and CEO of NVIDIA. “Our Data Center business continues to expand, as the world’s industries take up NVIDIA AI to process computer vision, conversational AI, natural language understanding and recommender systems. NVIDIA RTX has reinvented computer graphics and is driving upgrades across the gaming and design markets.”

Sources: NVIDIA (1, 2)

Tsing Mui
News poster at The FPS Review.

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