Nvidia revenue soars on AI boom Nvidia, the dominant supplier of artificial intelligence (AI) hardware and software, has seen its sales skyrocket as demand for AI soars 20 15 10 5 0 2020 2021 2022 2023 2024 (2019) (2020) (2021) (2022) (2023) Nvidia CEO, Jensen Huang Q3 forecast NVIDIA REVENUE ($ billions) Aug 23: Announces higher than expected revenue, up 101% on same time last year Q1 2.2 Q2 2.6 Q3 3.0 Q4 3.1 Q1 3.1 Q2 3.9 Q3 4.7 Q4 5.0 Q1 5.7 Q2 6.5 Q3 7.1 Q4 7.6 Q1 8.3 Q2 6.7 Q3 5.9 Q4 6.1 Q1 7.2 Q2 13.5 Q3 16.0 Fiscal years (calendar years) Sources: BBC, Bloomberg, Nvidia, Macrotrends Illustration source: Getty © GRAPHIC NEWS