Nvidia has passed an important step in its revenue with data centers. Revenue from data centers exceeded the $1 billion thresholds.
New era for Nvidia data centers
Although the coronavirus outbreak caused a decline in many sectors, Nvidia continues to draw a successful picture. Announcing the results of the first quarter of 2020, Nvidia achieved an increase in income.
In the first quarter of the year, Nvidia managed to generate $3 billion in revenue. There was an increase of 130 percent in stocks compared to last year and an increase of 40 percent in revenues. While the demand for many technology products has decreased, the continued demand for chips has enabled Nvidia to draw a positive picture.
What attracted attention in Nvidia’s revenue model was the success of data centers. Passing the $1 billion thresholds for the first time in history, Nvidia generated $1.14 billion in revenue from data centers.