Nvidia reported Q4 FY2023 revenue of $6.05 billion (estimated from $26.97B full year, Q4 implied), beating analyst estimates but down 20.8% year-over-year. Gaming revenue collapsed 46% YoY to $1.83B, reflecting post-pandemic normalization and channel inventory correction. Data center revenue hit $15.01B for the full year, up 41% YoY, with Q4 at $3.62B (up 11% YoY). CEO Jensen Huang declared AI at an inflection point, announced H100 supercomputers in full production and DGX Cloud, a new AI-as-a-service offering through cloud providers. Management projects sequential growth in data center business and Q1 FY2024 revenue of $6.50B. For institutional investors, this marks a structural shift in Nvidia's mix away from gaming toward data center and AI workloads, with data center now the dominant revenue driver; the timing and magnitude of DGX Cloud demand remain unquantified material unknowns.
311 other tracked developments touching the same claims.