Published , by Donovan Erskine
Published , by Donovan Erskine
NVIDIA is one of the biggest companies in the tech and gaming world. Look no further than how absurdly high the demand has been for its 30 Series graphics cards as an indicator as to how desired its products are. As a new quarter begins, the company has reported its financial earnings for the first quarter of 2021, which show a 106 percent increase from what it made last year.
NVIDIA’s financial earnings for the first quarter of 2021 were posted to its official website today, breaking down its performance over the quarter that ended on May 2. NVIDIA made $2.76 billion in gaming revenue, which is a 106 percent increase from it’s earnings in 2020.
NVIDIA CEO Jensen Huang spoke to the company’s record Q1 performance.
It’s a great sign for the company. NVIDIA posted impressive numbers despite the heavy shortages faced with its latest line of graphics cards. One can imagine how big those numbers would have been had the 30 Series not suffered from supply issues.
Nvidia is likely on its way to another big quarter, as the company also announced that it is holding a special event on May 31. Here, they will reveal the 3080 Ti GPU, as well as other products.