Nov 21, 2024
📈 Nvidia's Record-Breaking Year: $113.3 Billion in Revenue, $63.1 Billion Net Income
Nvidia's Record-Breaking Year: $113.3 Billion in Revenue, $63.1 Billion Net Income (Year Ending October 2024)
In the year ending October 2024, Nvidia reported $113.3 billion in revenue, a staggering 152% year-over-year increase, while net income soared by 234% to $63.1 billion. Since 2000, the company has maintained an impressive compound annual growth rate (CAGR) of 24% in revenue and 32% in net income, highlighting its sustained long-term growth and leadership in AI-driven technologies.