Nvidia reported its fourth quarter and full-year earnings, with quarterly revenue of $6.05 billion, down 21 percent from last year, and $1.4 billion in profit, down 53 percent. For the full year, revenue was almost identical to last year, though profit was down 55 percent. The dip was largely in Nvidia’s gaming business, which was down 46 percent due to lower shipments of SOCs for game consoles and lower sell-in to partners. Nvidia also blamed disruptions in China due to Covid and other issues. Developing… we’ll add more to this story if there are interesting answers on the call. Follow us on Facebook to stay up to date on the latest news from Nvidia.
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