
Nvidia's data center revenue for Q2 2024 reached $26.27 billion, surpassing estimates by $1.17 billion. This marks the fifth consecutive quarter where Nvidia has exceeded data center revenue estimates by over $1 billion. Despite this achievement, concerns have been raised about slowing growth and a dip in margins, with total Q2 2024 revenue amounting to $13.5 billion. Citi reported that Nvidia's GPU revenue share was up 68bps (94.2%) in gaming and down 110bps (96.1%) in data.


When you see $NVDA's revenue growth https://t.co/hDt9pEJpMN https://t.co/eWXGDbncK9
Nvidia's $NVDA Revenue by segment over the years https://t.co/s0zUR9LkoQ
$13.5B in Q2 2024 revenue, but slowing growth & margin dip raise concerns for @nvidia. AI leadership remains strong, but data center reliance is risky. More: https://t.co/OLVci1Pwb6. New WednesdAI with @seanward! #NVIDIA #AI #earnings https://t.co/0qTrvAlng8