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1 min read
June 1, 2022
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Nvidia’s stacking chips!

While the world’s battered by inflation, a couple of monster chip manufacturers are oiling up the industry with a fresh batch of gaming chips. But it’s not just chips stacking up, looks like Nvidia’s revenue has levelled up too.
1 min read
June 1, 2022
by

Nvidia’s stacking chips!

While the world’s battered by inflation, a couple of monster chip manufacturers are oiling up the industry with a fresh batch of gaming chips. But it’s not just chips stacking up, looks like Nvidia’s revenue has levelled up too.
1 min read
June 1, 2022
by

Nvidia’s stacking chips!

While the world’s battered by inflation, a couple of monster chip manufacturers are oiling up the industry with a fresh batch of gaming chips. But it’s not just chips stacking up, looks like Nvidia’s revenue has levelled up too.
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Remember last year when it seemed like no one could get hold of silicon chips? Well things are finally starting to ease, at least when it comes to gaming chips. 🎮 Nvidia (NVDA), aka Team Green, says their supply of high-spec graphics cards is normalising thanks to the company’s big push to increase manufacturing and get ahead of the chaos of supply chain disruption. Rival chip maker AMD (AMD) aka, Team Red, is also starting to stack up the chips. And while the price of our beloved fish ‘n’ chips is getting battered by inflation, the re-stock means prices for gaming chips are finally starting to fall down

That could be partly thanks to the recent crypto turmoil, which has cooled demand for high-powered GPUs (graphics processing units) used to mint new virtual currencies. That’s music to the ears of PC gamers looking to level up. Meanwhile their console playing brethren are being forced to battle evil bots in real life just to get their hands on the latest PS5 and Xbox consoles. 🤖

While their stock is down nearly 44% this year, Nvidia’s results last week showed they’re stacking revenue. The company reported a monster 46% increase in quarterly revenue over the same period in 2021, rendering a record US$8.29 billion. Gaming revenue, which comes from selling high-spec graphics cards to keen gaming nerds, was up 31%, while demand for cloud computing pushed revenue from data centres up an overclocked 83%.

All that revenue is helping Nvidia stack something else too, cash. 💸 Cash jumped to over US$20 billion from US$12 billion  last year. And with Nvidia’s offer to buy chip designer Arm off the table, more of that cash will be winging its way back to investors in the form of an extended share repurchase program. Just don’t spend it all on fish ‘n’ chips at once! 🐟

We’re not financial advisors and Hatch news is for your information only. However dazzling our writing, none of it is a recommendation to invest in any of the companies or funds mentioned. If you want support before making any investment decisions, consider seeking financial advice from a licensed provider. We’ve done our best to ensure all information is current when we pushed ‘publish’ on this article. And of course, with investing, your money isn’t guaranteed to grow and there’s always a risk you might lose money.

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