Nvidia announced its third-quarter 2021 financial report, with revenue reaching $7.103 billion, a record high!

November 18 news, on Wednesday, local time in the United States, Nvidia announced the company’s financial report for the third quarter of fiscal year 2022. The content of the financial report showed that Nvidia’s third-quarter revenue reached 7.103 billion US dollars, a record high, and the previous quarter. The US$4.726 billion in the same period last year increased by 50% year-on-year and 9% month-on-month. Net profit was US$2.464 billion, a year-on-year increase of 84% and a month-on-month increase of 4%;

Among them, NVIDIA’s game business revenue reached a record $3.22 billion, up 42% year-on-year and 5% month-on-month; data center revenue reached a record $2.94 billion, up 55% year-on-year and 24% month-on-month The professional visualization market platform revenue reached a record $577 million, an increase of 144% year-on-year and an increase of 11% month-on-month; the automotive business revenue was $135 million, an increase of 8% year-on-year and a month-on-month decrease of 11%.

According to the content of the financial report, Nvidia spent $1.96 billion in operations in the third quarter, a year-on-year increase of 25%, of which sales, general affairs and administrative expenses were $557 million; research and development expenses were $1.403 billion; Selling, general and administrative expenses were $557 million.

Nvidia also provided an outlook for the fourth quarter of its 2022 fiscal year: Nvidia expects revenue of about $7.4 billion in the fourth quarter; gross margin is expected to be 67%; operating expenses are expected to be $1.43 billion; $300 million; other income and expenses are expected to be approximately $60 million each, excluding gains and losses on unaffiliated investments; tax rate is expected to be 11%, excluding any discrete items such as additional tax benefits or deficiencies related to stock-based compensation May cause stock price volatility.

Previously, the UK decided to launch an in-depth investigation into Nvidia’s acquisition of ARM, which will be launched as soon as this week. The investigation is expected to last for about six months. In September last year, Nvidia reached an agreement with SoftBank to buy ARM from SoftBank for about $40 billion. The deal has been under regulatory scrutiny for more than a year.

NVIDIA is a global programmable graphics processing technology (GPU) company focused on creating products that enhance the human-computer interaction experience on personal and professional computing platforms. The company’s graphics and communications processors have a broad market presence and are used in a wide variety of computing platforms, including personal digital media PCs, business PCs, professional workstations, digital content creation systems, notebook computers, military navigation systems and video game consoles Wait.

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