3/24/2023 0 Comments Nvda split 2022![]() ![]() ![]() The gaming, cloud computing, and data center markets are all growing by leaps and bounds. The company also expects to expand its already juicy gross profit margin by roughly 50 basis points. Nvidia is guiding for fiscal 2023 first-quarter revenue of $8.1 billion, up 43% year over year at the midpoint of its guidance and up 6% sequentially. ![]() Management expects the company's robust growth to continue. Many other cloud and data center providers rely on Nvidia.īroad adoption by cloud platforms big and small pushed the company's data center revenue up by 58% in fiscal 2022. Amazon Web Services (AWS), Alphabet's Google Cloud, and Microsoft Azure all trust their processing to Nvidia, as do Alibaba Cloud, IBM Cloud, and Oracle Cloud - and that's just the big dogs. ![]()
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