

Moreover, the long-term investment thesis is still intact despite short-term headwinds. Revenue jumped 36% to $29.7 billion, and generally accepted accounting principles (GAAP) earnings increased 9% to $3.05 per diluted share. But the company has still delivered decent results over the past year. Many investors are well aware that Nvidia delivered abysmal financial results in the most recent quarter due to a big drop in gaming revenue as high inflation stifled consumer demand. Similarly, its Omniverse platform allows creators to collaborate on 3D-design projects, enables developers to build intelligent digital humans, and empowers researchers to train AI models for self-driving cars and other autonomous machines. Its AI Enterprise suite helps businesses build AI-powered applications in end markets like healthcare, manufacturing, and retail.


Nvidia DPUs accelerate data center workloads by offloading networking, storage, and security tasks from central processing units (CPUs). For instance, Nvidia added high-performance networking solutions to its portfolio with its acquisition of Mellanox in 2020, and the company subsequently debuted a new kind of processor: the data processing unit (DPU). In recent years, the company has doubled down on its data center businesses, reinforcing its leadership in graphics and accelerated computing. In fact, Nvidia currently holds more than 90% market share in workstation graphics and supercomputer accelerators, and Forrester Research recently said Nvidia GPUs are synonymous with AI infrastructure. Its graphics processing units (GPUs) bring revolutionary visual effects to video games and films and lend unparalleled processing power to complex data center workloads like analytics and artificial intelligence (AI). Nvidia is shaping the future of countless industries. Nvidia: A leader in graphics and accelerated computing
