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Latest / Chips, compute and energy

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NVIDIA reports $10.32bn quarterly data centre revenue, up 171% on AI chip demand

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Source: NVIDIA

NVIDIA reported revenue of $13.51 billion for the quarter ended 30 July 2023, up 101% from a year earlier, with data centre revenue of $10.32 billion, up 171%. It forecast $16.00 billion for the next quarter, plus or minus 2%, and its board approved a further $25 billion of share buybacks.

Why it matters

Data centre sales of $10.32 billion in one quarter showed how much of 2023’s AI spending went to one supplier’s GPUs, which buyers struggled to obtain.

When
23 Aug 2023
ID
WTA-N-2023-0083
Who
NVIDIA

Summary by wheresthe.ai, from NVIDIA. Checked against the source on 9 Oct 2026.

Read the original at NVIDIA

Source copy: download the page text as saved on 18 Oct 2026 (PDF). Also held by the Internet Archive.

Next stop on this Storyline: What happened nextAMD launches Instinct MI300X with 192GB of memory to compete with NVIDIA’s H100

Cite this story

WTA-N-2023-0083: “NVIDIA reports $10.32bn quarterly data centre revenue, up 171% on AI chip demand.” wheresthe.ai, 23 Aug 2023. https://wheresthe.ai/d/nvidia-q2-fy24-data-centre-revenue-2023-08/ (source: NVIDIA).

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