Connect with us

National

Despite Graphics Card Shortage, Nvidia Raked in $5 Billion in Q4 – PCMag AU

Nvidia expects to make another $5 billion during the first quarter as its RTX 3000 series graphics cards continue to sell out in minutes.

Published

on

Article feature image

The ongoing shortage of PC graphics cards isnt stopping Nvidia from raking in a fortune. 
During the fourth quarter, the companys revenues reached a record $5 billion, up 61% from a year earlier. Helping to drive the growth has been Nvidias new RTX 3000 series graphics cards, which have been selling out in minutes. 
In a Wednesday earnings release, the company also broke down the numbers by business group. In gaming specifically, Nvidia raked in a record $2.5 billion during the fourth quarter, for…

Click here to view the original article.