NVIDIA Reports Strong Q1 2024 Results, Returns Cash to Shareholders

Key Highlights

• Record full-year revenue of $60.9 billion, up 12.6% year over year
• Returned $99 million in cash dividends to shareholders during Q1 2024
• Planned next quarterly cash dividend of $0.04 per share

Collaboration with AWS

NVIDIA has partnered with Amazon Web Services (AWS) to launch NVIDIA DGX Cloud on AWS.

This service will enable customers to train large-scale generative AI and language learning models (LLMs) with over 1 trillion parameters.

Financial Performance

NVIDIA's strong financial performance in Q1 2024 was driven by robust demand across its key markets.

Revenue from the gaming segment grew by 13% year over year, while data center revenue increased by 11%.

Material Financial Information Disclosure

Investors and stakeholders are reminded that NVIDIA discloses material financial information through its investor relations website, press releases, SEC filings, and public announcements.

Investor Relations Contact

For further information, investors are advised to contact NVIDIA's investor relations team through the channels mentioned above.