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Nvidia gaming GPUs an afterthought as AI generates mountains of cash — RTX 50-series shortages mentioned, not explained
Does Nvidia still care?
Nvidia announced its fourth-quarter earnings last night, hitting a record full-year revenue of $130.5 billion — a 114% year-over-year increase owing to the high demand for its AI chips. However, the launch of ChatGPT made artificial intelligence more accessible to the public, and many tech companies started spending billions of dollars to buy the hardware needed to train these models — such as the data center GPUs that Nvidia makes. After all, if there’s an abundance of RTX 50 series GPUs, then we don’t have to resort to lining up for hours (if not days) at retailers, joining lotteries just to get the opportunity to spend money, or dealing with scalpers that are selling its products for twice or even thrice the MSRP.
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