nvidia-revenue-breakdown

NVIDIA Revenue Breakdown

NVIDIA generated almost $27 billion in revenue in 2023, of which $15 billion came from computing and networking and $11 billion from graphics. Opposite to 2022, where of $27 billion in revenue, over $15.8 billion came from Graphics and $11 billion from computing and networking. With the explosion of AI, the computing segment has become the main driver of NVIDIA’s growth.

NVIDIA has become a key player in the tech revolution of the last ten years.

With the advent of cloud computing and parallel computing, NVIDIA, with its GPU, has become the company enabling the current AI revolution.

gpu
Graphics processing units (GPUs) were initially conceived to accelerate 3D graphic rendering in video games. However, more recently, they have become popular in artificial intelligence and machine learning (ML) contexts. In fact, GPUs are critical components of AI Supercomputers, like Azure, which are powering up the current AI revolution.

Started as a critical component in gaming, the GPU has become a key component in the AI industry. This trend was further consolidated and accelerated thanks to the meteoric rise of ChatGPT by OpenAI.

chatgpt-growth
ChatGPT’s meteoric rise saw the app grow from almost 37 million global searches per month in December to over 83 million global searches in January. By February, it passed almost 154 million searches.

Indeed, today, the AI supercomputer is what enabled a tool like ChatGPT (which underlying technology is called a large language model) to become so powerful.

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In this context, the compute segment has become the critical driver for the company’s growth.

nvidia-compute-revenue
NVIDIA generated $15 billion in computing revenue in 2023, compared to $11 billion in 2022 and $6.84 billion in 2021. The increased adoption and explosion of the AI industry have pushed this growth, driven by the GPU.

Passing the core graphics segment, by early 2023!

nvidia-revenue-breakdown
NVIDIA generated almost $27 billion in revenue in 2023, of which $15 billion came from computing and networking and $11 billion from graphics. Opposite to 2022, where of $27 billion in revenue, over $15.8 billion came from Graphics and $11 billion from computing and networking. With the explosion of AI, the computing segment has become the main driver of NVIDIA’s growth.

Connected To NVIDIA

NVIDIA Business Model

nvidia-business-model
NVIDIA is a GPU design company, which develops and sells enterprise chips for industries spacing from gaming, data centers, professional visualizations, and autonomous driving. NVIDIA serves major large corporations as enterprise customers, and it uses a platform strategy where it combines its hardware with software tools to enhance its GPUs’ capabilities.

Who Owns NVIDIA

who-owns-nvidia
The top individual shareholder of NVIDIA is Jen-Hsun Huang, founder, and CEO of the company, with 87,521,722 shares giving him 3.50% ownership. Followed by Mark A. Stevens, venture capitalist and a partner at S-Cubed Capital, who was part of the NVIDIA board in 2008 and previously served as a director from 1993 to 2006, with 6,258,803 shares. Institutional investors comprise The Vanguard Group, Inc, with 196,015,550, owning 7.83%. BlackRock, Inc., with 177,858,484, owns 7.10%. And FMR LLC (Fidelity Institutional Asset Management) with 158,039,922, owning 6.31%.

NVIDIA Revenue

nvidia-revenue
NVIDIA generated almost $27 billion in revenue in 2023, compared to the same revenue value in 2022 and over $16.6 billion in 2021.

NVIDIA Revenue Breakdown

nvidia-revenue-breakdown
NVIDIA generated almost $27 billion in revenue in 2023, of which $15 billion came from computing and networking and $11 billion from graphics. Opposite to 2022, where of $27 billion in revenue, over $15.8 billion came from Graphics and $11 billion from computing and networking. With the explosion of AI, the computing segment has become the main driver of NVIDIA’s growth.

NVIDIA Revenue By Segment

nvidia-revenue-by-segment
NVIDIA generated almost $27 billion in revenue in 2023, of which over $15 billion came from competing & networking and $11.9 billion from graphics. NVIDIA, through its GPU, is powering up the AI supercomputing revolution, which is part of the current AI paradigm.

NVIDIA Profits

nvidia-profitability
NVIDIA generated $4.37 billion in net profits in 2023, compared to over $9.7 billion in profits in 2022, and $4.3 billion in 2021.

NVIDIA Employees

nvidia-rd-employees
In 2023, of 26,196 employees, 19,532 employees were engaged in R&D (74.5% of the total workforce). In 2022, 16,242 NVIDIA employees (72% of the workforce) were involved in R&D.

NVIDIA Revenue Per Employee

nvidia-revenue-per-employee
In 2023, NVIDIA generated $1,029,699 per employee, compared to almost $1.2 million in revenue per employee in 2022.

Connected AI Visual Stories

AI Supercomputer

ai-supercomputer

Transformer

transformer-architecture
The transformer architecture – sometimes referred to as the transformer neural network or transformer model – is an architecture that endeavors to solve sequence-to-sequence tasks while easily handling long-range dependencies.

GPU vs. TPU

GPU-vs-TPU

OpenAI Business Model

how-does-openai-make-money
OpenAI has built the foundational layer of the AI industry. With large generative models like GPT-3 and DALL-E, OpenAI offers API access to businesses that want to develop applications on top of its foundational models while being able to plug these models into their products and customize these models with proprietary data and additional AI features. On the other hand, OpenAI also released ChatGPT, developing around a freemium model. Microsoft also commercializes opener products through its commercial partnership.

OpenAI/Microsoft

openai-microsoft
OpenAI and Microsoft partnered up from a commercial standpoint. The history of the partnership started in 2016 and consolidated in 2019, with Microsoft investing a billion dollars into the partnership. It’s now taking a leap forward, with Microsoft in talks to put $10 billion into this partnership. Microsoft, through OpenAI, is developing its Azure AI Supercomputer while enhancing its Azure Enterprise Platform and integrating OpenAI’s models into its business and consumer products (GitHub, Office, Bing).

Stability AI Business Model

how-does-stability-ai-make-money
Stability AI is the entity behind Stable Diffusion. Stability makes money from our AI products and from providing AI consulting services to businesses. Stability AI monetizes Stable Diffusion via DreamStudio’s APIs. While it also releases it open-source for anyone to download and use. Stability AI also makes money via enterprise services, where its core development team offers the chance to enterprise customers to service, scale, and customize Stable Diffusion or other large generative models to their needs.

Stability AI Ecosystem

stability-ai-ecosystem

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