NVIDIA reveals its revenue will reach $26.97 bn in 2023

NVIDIA has revealed that its revenue will reach $26.97 billion in 2023 as compared with $26.91 billion in 2022, indicating that it will struggle in the business.
Nvidia chip businessNVIDIA’s Data Center business Fourth-quarter revenue was $3.62 billion, up 11 percent from a year ago and down 6 percent from the previous quarter. NVIDIA’s Data Center business Fiscal-year revenue rose 41 percent to a record $15.01 billion.

NVIDIA’s Gaming business Fourth-quarter revenue was $1.83 billion, down 46 percent from a year ago and up 16 percent from the previous quarter. NVIDIA’s Gaming business Fiscal-year revenue was down 27 percent to $9.07 billion.

NVIDIA’s Professional Visualization business Fourth-quarter revenue was $226 million, down 65 percent from a year ago and up 13 percent from the previous quarter. NVIDIA’s Professional Visualization business Fiscal-year revenue was down 27 percent to $1.54 billion.

NVIDIA’s Automotive and Embedded business Fourth-quarter revenue was a record $294 million, up 135 percent from a year ago and up 17 percent from the previous quarter. NVIDIA’s Automotive and Embedded business Fiscal-year revenue rose 60 percent to a record $903 million.