Record quarterly Data Center revenue of $30.8 billion, up 17% from Q2.
SANTA CLARA, CA, Nov 22, 2024 – NVIDIA reported revenue for the third quarter ended Oct 27, 2024, of $35.1B, up 16.8% compared to $30B for the second quarter. Net income was $19.3B.
“The age of AI is in full steam, propelling a global shift to NVIDIA computing,” said Jensen Huang, founder and CEO of NVIDIA. “Demand for Hopper and anticipation for Blackwell — in full production — are incredible as foundation model makers scale pretraining, post-training and inference.
“AI is transforming every industry, company and country. Enterprises are adopting agentic AI to revolutionize workflows. Industrial robotics investments are surging with breakthroughs in physical AI. And countries have awakened to the importance of developing their national AI and infrastructure,” he said.
A complete chart of the financial results is available here.
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