NVIDIA Announces Financial Results for Second Quarter Fiscal 2024
NVIDIA News, Wednesday, August 23,2023
NVIDIA reported revenue for the second quarter ended July 30, 2023, of $13.51 billion, up 101% from a year ago and up 88% from the previous quarter.
GAAP earnings per diluted share for the quarter were $2.48, up 854% from a year ago and up 202% from the previous quarter. Non-GAAP earnings per diluted share were $2.70, up 429% from a year ago and up 148% from the previous quarter.
'A new computing era has begun. Companies worldwide are transitioning from general-purpose to accelerated computing and generative AI,' said Jensen Huang, founder and CEO of NVIDIA.
'NVIDIA GPUs connected by our Mellanox networking and switch technologies and running our CUDA AI software stack make up the computing infrastructure of generative AI.