Nvidia’s Revenue Increased By 43% YoY to $16.68B In Fiscal Year 2021 Giuseppe Colombo Aggiornato: 5 Maggio 2021 TwitterFacebookLinkedInTelegramWhatsAppLast Updated on Maggio 5, 2021 by Redazione Scommesse Computer hardware and consumer electronics provider Nvidia posted a strong 2021 fiscal year, benefitting from an uptick in one of their primary markets, the video game industry. According to data presented by 123scommesse.it, Nvidia’s revenue increased by 53% YoY in their fiscal year 2021 to $16.68B. Nvidia’s Revenue Records Impressive CAGR of 27.2% From 2016-2021 Nvidia is most popularly known for producing high-performance graphics processing units (GPUs) for the video game and professional markets. In their fiscal year which ended in January 31, 2021, Nvidia posted revenue of $16.68B – a 43% YoY increase from 2020’s $10.92B. From 2016-2021, Nvidia’s global revenue experienced a compound annual growth rate (CAGR) of 27.2% Nvidia also posted an estimated net income of $4.33B in their fiscal year ending January 2021, compared to just $2.8B in fiscal year ending in 2020 – a 55% YoY increase. Fiscal year 2021 also saw Nvidia’s total assets rise to $28.79B compared to just $17.32B in 2020 – a 66% YoY increase. Nvidia Enjoys Growth In Two Of Its Primary Markets The video game industry is still Nvidia’s most lucrative market amounting to $7.76B in revenue after enjoying a significant 41% YoY growth in fiscal year 2021. Nvidia’s data centre market had the largest growth for fiscal year 2021 amounting to $6.7B compared to just under $3B in 2020 – a staggering YoY growth of 124.5%. In terms of operating segment, the graphics business segment accounted for $9.83B compared to just $7.64B in fiscal year 2020 – a 29% YoY increase. Nvidia’s Compute & Networking segment more than doubled in fiscal year 2021 amounting to $6,84B in 2021 compared to just $3.28B in 2020. In the fiscal year ending 2021, Nvidia also recorded its highest spend on Research & Development, amounting to just under $4B – a 39% YoY increase. Rex Pascual, eSports editor at 123commesse.it, commented on Nvidia’s growth; “Nvidia is one of the most popular brands in the gaming industry which has always been a lucrative source of revenue for the company. Its meteoric growth in the data centre market is what should get investors excited as it is a clear indication of the company’s smart decision to diversify on the back of sustained success. Nvidia also recorded its highest R&D spend in fiscal year 2021 which shows that the company has its eyes on long-term success.” ALTRE INFORMAZIONI UTILISiti Scommesse Euro 2020, la Guida ai Campionati Europei 2021NetBet Bonus 2021, come Funziona? Tutte le NovitàGuida alle scommesse sulle Finali ATP 2021Bonus Snai 2021, Ultime Novità e Come FunzionaBonus Sisal 2021, Come Funziona? Tutte le Novità Chi Siamo Giuseppe Colombo Nasce come giornalista e fino al 2015 è stato alla guida di alcuni dei siti online più visitati dell'area metropolitana di Milano. Oggi è un affermato opinionista sportivo, nonché esperto di scommesse, nelle radio locali del capoluogo meneghino. Leggi tutti gli articoli di Giuseppe Colombo Ultimo aggiornamento: Maggio 5, 2021