NVIDIA Earns Record $4.7 Billion Revenue In Q3 2021 Aided By Nintendo Switch, Lockdowns
https://wccftech.com/nvidia-q3-fy-2021-revenue-switch-lockdowns/
The Nintendo Switch is powered by NVIDIA's Tegra X1 system on chip, and the console achieve record setting sales last month in the U.S., helping NVIDIA boost its gaming revenues.
Chip designer NVIDIA Corporation has released its earnings release for the third quarter of the fiscal year 2021. NVIDIA has reported $4.7 billion in revenue as it beats its own guidance set at the end of the second quarter and estimates put in place by Wall Street analysts prior to today's release. Additionally, the revenue posted by the company for its previous quarter marks 22% sequential and a staggering 57% year-over-year growth as the company witnessed strong growth in its bread and butter gaming and rapidly expanding data center segments.