Five charts to start your day
I remember saving up all my pocket money to buy that graphics card. I had been building my new gaming PC for the past couple of months, meticulously selecting each component after extensive research. First, I purchased a motherboard, then an Intel Pentium III processor, along with a case, power supply, and a couple of gigabytes of hard drive space and RAM.
The last component I acquired was an Nvidia graphics card, and it was amazing. This marked the beginning of my decades-long relationship with Nvidia as a company. Now, Nvidia has surpassed Intel by multiples – the once invincible microprocessor company.
On Wednesday night, Nvidia revealed its latest quarterly earnings and exceeded expectations. It reported a staggering $22.1 billion in revenue for the fourth quarter of 2023, representing a 22% increase from Q3 and a massive 265% increase year-over-year (see chart below). Overall, the company has experienced a significant rise in revenues over the past three quarters, as shown in the chart below.
Source: Eeagli
Coming up:
In less than a decade, Uber and Lyft crushed Taxis in New York City
Hong Kong stocks are back to the levels of the 1997 handover
How Japan’s Nikkei 225 got its mojo back
How old are Americans when they get married?
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