4 ms·

"only" for one of their best selling series.

• metaphor 3y ago
  The story underlying "best selling series" is buried in details that your 1-liner quip conveniently ignores. To close FY23, Nvidia reported[1] -27% YoY gaming segment revenue decline, while data center segment saw +41% YoY revenue growth to overtake gaming segment revenue contributions by 65%. -8% YoY gross margin contraction was largely attributed to $2.17 billion Ampere inventory glut in excess of demand expectations. Take a wild guess which segment accounts for the lion's share of this Ampere inventory glut. [1] https://www.sec.gov/Archives/edgar/data/1045810/000104581023000014/q4fy23cfocommentary.htm https://www.sec.gov/Archives/edgar/data/1045810/000104581023...