NVIDIA Overtakes AMD with Billion Annual Revenue

How NVIDIA Did It: Understanding a Record-Breaking Fiscal 2016 (Part 2 of 5) NVIDIA Overtakes AMD with $5 Billion Annual Revenue By Paige Tanner  • Feb 19, 2016 5:32 pm EST NVIDIA surpasses $5 billion in annual revenue In the previous part of the series, we saw that NVIDIA (NVDA) reported record revenues of $1.4 billion in fiscal 4Q16, driven by strong demand for its gaming and VR (virtual reality)-related graphics hardware. If we remove the seasonal effect, the firm surpassed the $5 billion threshold in fiscal 2016, reporting revenues of $5.01 billion—up 7% YoY (year-over-year). The company’s revenues overtook that of Advanced Micro Devices (AMD), which reported annual revenues of $3.9 billion in fiscal 2015. This strong performance was witnessed in NVIDIA’s stock prices, which grew by 63.7% over…


Link to Full Article: NVIDIA Overtakes AMD with Billion Annual Revenue

Pin It on Pinterest

Share This

Join Our Newsletter

Sign up to our mailing list to receive the latest news and updates about homeAI.info and the Informed.AI Network of AI related websites which includes Events.AI, Neurons.AI, Awards.AI, and Vocation.AI

You have Successfully Subscribed!