Nvidia registered a financial 2021 exercise benefiting from a report in one of its main markets, video game industry. According to data provided by 123scommesse.it, Nvidia’s revenue increased by 53% internationally in its fiscal year 2021 to reach $ 16.680 million.
Nvidia revenue records an impressive CAGR of 27.2% between 2016 and 2021
Nvidia is best known for producing high-performance graphics processing units (GPUs) for video games and professional markets. In its fiscal year, which ended January 31, 2021, Nvidia received revenue of $ 16.680 million, which is expected to be an increase of 43% to $ 10,920 million by 2020. From 2016 to 2021, global revenue was the Nvidia experimented with a calculated annual growth rate (CAGR) of 27.2%
Nvidia also recorded an estimated net income of $ 4,330 million in its fiscal year ending January 2021, compared to the $ 2,800 million in fiscal year ending in 2020, which is expected to be an increase of 55% internationally. In the fiscal year 2021, Nvidia’s total activity also increased to $ 28.79 billion compared to $ 17.32 billion in 2020, which is expected to be an international increase of 66%.
Nvidia enjoys growth in two of its main markets
The video game industry remains Nvidia’s most lucrative market with revenue of $ 7.760 million after enjoying significant international growth of 41% in fiscal year 2021. The market for Nvidia data centers was the one that grew the most in fiscal year 2021, reaching $ 6.7 billion, rather than $ 3,000 million in 2020, expecting annual growth of 124.5%.
In terms of operating segment, the graphic business segment represented $ 9.83 million compared to only $ 7.64 million in fiscal year 2020 – an increase of 29% a / a. Nvidia’s computing and networking segment doubled in growth in fiscal year 2021, reaching $ 6.840 million in 2021 compared to $ 3.280 million in 2020.
In the fiscal year ending in 2021, Nvidia also recorded its largest expenses for exploration and development, which rose to less than $ 4,000 million, an increase of 39% internationally.
Nvidia is one of the most popular brands in the video game industry, which has always been a lucrative source of revenue for the company. Its rapid growth in the data center market is what investors should be interested in, which is a clear indication of the company’s intelligent decision to diversify thanks to its sustained success. Nvidia also recorded its largest I + D consumption in the financial year 2021, which shows that the company has a long-term vision for long-term success.Rex Pascual | eSports editor at 123commesse.it