Nvda earnings call dates history9/6/2023 ![]() At the moment, some investors are watching to see if Nvidia's recent growth is part of a permanent shift in demand for Nvidia's products, or whether it's a spike caused by the pandemic. For full-year FY 2021, analysts are forecasting data center revenue to rise 123.5%, the fastest pace since FY 2018. Even with the Mellanox deal, data center revenue growth experienced a slight deceleration to 161.7% in the third quarter, and analysts expect the pace of growth to slow to 93.6% in Q4 FY 2021. Chip sales to computing cloud companies managed to outperform Nvidia’s gaming business. NVDA slid more than 6 in extended trading despite topping its Q1 earnings report with EPS of 1.36 on revenues that were up an impressive 46 to reach a record-breaking 8.29bn. The Mellanox acquisition, made in the second quarter, contributed to revenue during that period and also in future quarters of FY 2021. When the chips are down, it looks like positive earnings reports mean nada. Growth accelerated to 80.0% in Q1 FY 2021 and then to 167.5% in Q2 FY 2021. ![]() Nvidia's data center revenue grew just 1.7% for all of FY 2020, declining in each of the first three quarters of the year before rising 42.6% in Q4 FY 2020. While both sources of revenue have received a lift during the pandemic after weak performance in FY 2020, data center revenue continues to rise at a faster pace.
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