Nvidia made $5 billion during a GPU shortage and expects to do it again in Q1
Nvidia has shared its Q4 2021 earnings, and despite the company’s GPUs being in extremely low supply, it didn’t seem to hurt how much money the company made. In fact, it reported a record $5 billion in revenue, which is up 61 percent year-over-year. What’s more impressive is that Nvidia expects to make another $5 billion in revenue during Q1 2022.
This positive outlook is surprising given that Q1 is generally slower than other quarters, even for the biggest tech companies, as it follows the rush of people buying lots of products during the holiday period. It’s generally a slower period in general for product releases across tech and gaming. Also, let’s not forget the GPU shortage is still happening. Nvidia reiterated that sparse supply…