On Wednesday, Nvidia announced its financial results for the fourth quarter of fiscal 2024 and for the whole year, which concluded on January 28, 2024. As for the whole fiscal year 2024, Nvidia reported total revenue of $60.922 billion, a 126% inrease from $26.974 billion in FY 2024. The green company's datacenter revenue for the fourth quarter of fiscal 2024 totaled $18.404 billion, up from $14.514 billion sequentially and up from $3.616 billion in the same quarter a year before. For the whole FY2024, Nvidia earned $47.525 billion on datacenter hardware, up 217% year-over-year from $15 billion in FY2023. If in FY2023 around 19% of Nvidia's datacenter revenue came from the People's Republic, in FY2024, the share of China in Nvidia's datacenter sales dropped to 14%, according to the company.

Source: New York Times February 22, 2024 18:46 UTC