The more online activity requires extra computing power. In fact, Nvidia was one of the biggest winners during the pandemic as society moved digital. Nvidia is best known for its state-of-the-art computer chips that power everything from gaming consoles to supercomputers and even crypto mining. However, a bright spot in the report was Nvidia’s automotive segment, fueled by rising demand for new energy vehicles. For more on the financial side of the gaming and tech worlds, stick with Shacknews.Chip-making giant Nvidia (NVDA) released its Q2 earnings report on Wednesday, falling short of Wall St expectations. NVIDIA will soon hold its Q4 2022 earnings call, where the company will further discuss its latest report. It’s also stated that “GAAP earnings per diluted share were a record $3.85,” signifying a 123 percent jump from the previous year. Looking at the full fiscal 2022, NVIDIA saw a total revenue of $26.91 billion, which shows a staggering 61 percent increase over the previous year. We will announce many new products, applications and partners for NVIDIA computing. We are entering the new year with strong momentum across our businesses and excellent traction with our new software business models with NVIDIA AI, NVIDIA Omniverse and NVIDIA DRIVE. NVIDIA is propelling advances in AI, digital biology, climate sciences, gaming, creative design, autonomous vehicles and robotics – some of today's most impactful fields. We are seeing exceptional demand for NVIDIA computing platforms. NVIDIA CEO Jensen Huang provided a quote on the company’s latest earnings report. Here NVIDIA shared that it will record a $1.36 billion write down for a breakup fee of the ARM deal. In the earnings report, we also got news on some upcoming business moves.

Nvidia also raked in $1.32/share, beating the $1.22/share expectation. It’s a big win for NVIDIA and the shareholders alike. It’s here that we see the company earned $7.64 billion in Q4, which surpasses the expectation of $7.41 billion. The NVIDIA (NVDA) Q4 2022 earnings report was released on February 16, 2022.

Good news for shareholders, NVIDIA (NVDA) brought in some impressive numbers, beating both revenue and EPS expectations. NVIDIA (NVDA) released its Q4 2022 earnings report today, revealing its financial performance over the final quarter of the last fiscal year.

Nvda earning day