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NVIDIA continues to have great financial results: it earned $22.1 billion in its last quarter

NVIDIA shows in its financial results that it is one of the companies of the moment.

NVIDIA continues to have great financial results: it earned $22.1 billion in its last quarter
Daniel García

Daniel García

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NVIDIA, one of the most important technology companies in the world in terms of hardware development, is celebrating its financial results. In its latest quarter, they once again demonstrated their powerful position in the market, where they managed to obtain over $22.1 billion in revenue.

Investing billions in an industry like technology is a clear reflection that NVIDIA has carried out very effective management of its capabilities and resources to become one of the leading companies in a sector where the slightest stumble can become a snowball of problems. Therefore, these results make it very clear that the company is in a strong and established market position.

NVIDIA GeForce NOW Download

Growing non-stop

As NVIDIA revealed in the results of its latest financial quarter, the technology company specialized in hardware generated over $22.1 billion in the past quarters, giving the company a net profit of $12.285 billion.

This, in addition, is joined to the fact that, in recent days, NVIDIA also managed to overtake Google and Amazon in market value, reaching 1.83 trillion dollars, or in other words, 1,830,000,000,000 dollars. This positioned it as the fourth most valuable company in the world, only surpassed by Microsoft, Apple, and Saudi Aramco.

NVIDIA’s goals

NVIDIA, as a hardware specialized company, has AMD as its main rival, where they have a fairly equal prestige. In fact, it usually differentiates itself from its competitor in that, while AMD presents itself as a more efficient and all-terrain option, NVIDIA uses its power as the main differential factor. Both brands are strong and reliable in hardware, although NVIDIA has also wanted to advance into new markets, such as cloud gaming.

Cloud gaming, a market segment that is not just growing but developing, is one of the areas where NVIDIA has recently planted its seeds. It has been in service for a while now, but GeForce NOW is one of the major bets nowadays for cloud gaming. With this, not only are the storage problems of video games alleviated, but also the fact that many titles have very demanding requirements for the hardware of many users.

NVIDIA GeForce NOW Download
Daniel García

Daniel García

Graduated in Journalism, Daniel specializes in video games and technology, currently writing for Andro4all and NaviGames, and having written for more Difoosion portals such as Alfa Beta Juega or Urban Tecno. He enjoys staying up-to-date with current affairs, as well as reading, video games, and any other form of cultural expression

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