Nvidia Reports $81.6 Billion Revenue, Excludes China Data Center Revenue from Future Projections
Nvidia has achieved a record revenue of $81.6 billion, marking an 85% year-over-year increase, while excluding data center revenue from China. This strategic decision comes amid rising investor skepticism about the AI market and amidst ongoing U.S.-China tensions affecting semiconductor exports.
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For the financial quarter ending April 26, Nvidia reported record revenues of $81.6 billion, driven primarily by a 92% growth in the data center segment, contributing $75.2 billion. Notably, revenue from China, including Hong Kong, fell to $4.55 billion, a 53% decrease from the previous year, with no Hopper architecture chips exported to China from February to April.
To compensate for losses in the Chinese market, U.S. sales surged to $63.8 billion, nearly tripling year-over-year, while Taiwan's revenue grew by 57% to $12 billion. Nvidia anticipates revenues will rise to $91 billion for the next financial quarter. The exclusion of China data center revenue from future forecasts reflects a cautious stance amid the unresolved trade tensions, with the U.S. administration's approval for Nvidia to sell H200 chips to China pending further regulatory clearance.
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