NVIDIA Corp

NVDA

Equity

ISIN US67066G1040 / Valor 994529

NASDAQ (2024-11-21)

USD 146.67+0.53%

NVIDIA Corp
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About company

NVIDIA Corporation, established on April 5, 1993, by Jensen Huang, Chris Malachowsky, and Curtis Priem, has evolved from its initial focus on 3D graphics for gaming and multimedia to become a pivotal player in the technology sector. The company is renowned for its graphics processing units (GPUs) for the gaming and professional markets, as well as its system on a chip units (SoCs) for the mobile computing and automotive market. Over the years, NVIDIA has significantly expanded its business scope to include parallel computing and artificial intelligence (AI) technologies, leveraging its GPU technology to accelerate applications in sectors ranging from professional visualization and data centers to automotive and edge computing. This diversification has positioned NVIDIA as a key technology provider in the development of virtual reality, high-performance computing, and AI-driven applications, reflecting its transition from a graphics-centric company to a broad-based computing technology leader.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

NVIDIA Corp's revenue for the first quarter of fiscal year 2024 reached $26.04 billion, a significant increase from the $16.91 billion reported in the same quarter of the previous year. This growth reflects strong demand across various segments, particularly in data center and gaming markets.

Net Income Surge

For the first quarter of fiscal year 2024, NVIDIA Corp reported a net income of $14.88 billion, a substantial rise compared to the $2.04 billion net income in the first quarter of fiscal year 2023. This surge in profitability is attributed to higher revenue and improved operational efficiencies.

Earnings Per Share

NVIDIA Corp's earnings per share (EPS) for the first quarter of fiscal year 2024 were $6.04 on a basic basis and $5.98 on a diluted basis. This is a notable increase from the EPS of $0.83 basic and $0.82 diluted reported in the same quarter of the previous year, reflecting the company's strong financial performance.

Operating Income

In the first quarter of fiscal year 2024, NVIDIA Corp achieved an operating income of $20.41 billion, up from $2.51 billion in the first quarter of fiscal year 2023. This dramatic increase underscores the company's ability to manage costs effectively while scaling its operations.

Dividend Payments

During the first quarter of fiscal year 2024, NVIDIA Corp declared and paid cash dividends of $0.04 per common share. This consistent dividend payment reflects the company's commitment to returning value to its shareholders while maintaining robust financial health.

Summarized from source with an LLMView Source

Key figures

194%1Y

345%3Y

2,691%5Y

Performance

51.6%1Y

55.4%3Y

53.4%5Y

Volatility