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NVIDIA Corporation accelerates computing to help solve the computational problems. The Company has two segments. The Compute & Networking segment includes its data center accelerated computing platform; networking; automotive artificial intelligence (AI) cockpit, autonomous driving development agreements and autonomous vehicle solutions; electric vehicle computing platforms; Jetson for robotics and other embedded platforms; NVIDIA AI Enterprise and other software; and cryptocurrency mining processors (CMP). The Graphics segment includes GeForce GPUs for gaming and personal computers (PCs), the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU (vGPU), software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and omniverse enterprise software for building and operating metaverse and three-dimensional Internet applications.
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What is NVDA and what does it stand for?
NVDA is the ticker code for Nvidia Corporation. You may associate Nvidia with the graphics cards that revolutionised computer gaming, but there's plenty more on display here.
Founded in 1993 by Chris Malachowsky, Curtis Priem and CEO Jensen Huang, Nvidia “sparked the growth of the PC gaming market, redefined modern computer graphics, and revolutionised parallel computing.”
Nvidia is headquartered in Santa Clara, California. It operates worldwide as a fabless company, meaning they design their products but outsource all manufacturing.
How does NVDA make money?
Nvidia is best known for designing graphics processing units (GPUs) and system on a chip (SoCs) units for the automotive and mobile computing markets. Nvidia’s products are used in a wide variety of fields including gaming, professional visualisation, data centres and automotive markets.
Nvidia reports revenue through two major business segments. Graphics is Nvidia’s largest revenue generator accounting for over US$3.0b. The second source of revenue is Compute & Networking.
Nvidia’s Graphics segment sees revenue from the sale of GeForce graphics cards, cloud gaming and its related infrastructure, workstations for enterprise professionals, vGPU software and infrastructure as well as software solutions for self-driving cars and autonomous vehicles.
Nvidia’s Compute & Networking segment earns revenue from data centre solutions, networking solutions, automotive AI and development agreements, Jetson for robotics and embedded developer kits and modules.
When does NVDA report earnings?
Nvidia usually reports earnings on a quarterly basis in January, April, July and October. Their annual reports are usually released in January covering the U.S. fiscal year.
Is NVDA a profitable company?
Yes, NVDA’s earnings data shows it to be a profitable company.
Its revenue has grown continuously for the best part of a decade. Nvidia’s revenue sat at close to US$4.0b in 2012. In 2021, its revenue sat at US$16.7b for an annual compound growth rate over 9 years of 17%.
Earnings per share (EPS) have also been strong, leaping from US$1.21 in 2018 to US$1.66 in 2019, a slight drop to US$1.13 in 2020 and a strong bounce back to US$1.73 in 2021.
In their February 2022 quarterly report, Nvidia reported that revenue was up year-on-year to $US7.64b.
Nvidia holds $US21.2b of cash on its books.
As of 31st August 2022, the NVDA stock price is $154.68, down 55% from it's 52W high of $346.47.
Does NVDA stock pay dividends?
Yes, NVDA pays a small dividend of $US0.04 per share on a quarterly basis.
Who are NVDA’s biggest customers and competitors?
Nvidia has previously partnered with Toyota, Baidu, Sony, Didi, Cruise, Volvo, dSpace, BlackBerry (BB), TomTom and many others on projects. Some of Nvidia’s current customers include Amazon (AMZN), Meta Platforms (META), Alphabet (GOOGL) and Tesla (TSLA).
Nvidia’s current competitors include Advanced Micro Devices (AMD), Intel Corporation (INTC), Xilinx, Alphabet, Amazon, Ambarella (AMBA), Broadcom (AVGO), Qualcomm (QCOM), Renesas Electronics, Samsung and many more.
How much of the GPU chip market share does NVDA have?
According to Jon Peddie Research, Nvidia is dominating the chip market at 83% as of 2021. Its biggest competitor, Advanced Micro Devices, only holds 17% of the market.
What type of stock is NVDA?
NVDA is a technology stock. The semiconductor company is the market leader in gaming graphics processing units (GPUs).
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This does not constitute financial advice. You should do your own research before making an investment decision. Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.