Nvidia beats projections again, announces stock split

Data center sales rose 427% YoY, while graphics/gaming was up just 18%.

May 23, 2024

Andy Patrizio

Nvidia once again exceeds projections and expectations despite parts shortages and the loss of sales to China.(Source: Nvidia)What do we think? Once again, Nvidia proved itself to be immune to the effects of economic gravity and exceeded all expectations. But that’s not what jumps out at us. There are other things taking place financially with the company that are worthy of mention because of their potential impact.For starters, the graphics business seems somewhat stalled. Yes, it was up 18% year over year, and this is typically a slow quarter, but over the long term, the GPU market just isn’t moving

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Nvidia beats projections again, announces stock split

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