Mar 16, 2025
How Nvidia Makes its Billions 💰

Key Takeaways
- Nvidia brought in $130.5 billion in revenue in its latest fiscal year, with $72.9 billion in net income.
- In the last quarter, its next generation Blackwell chips drove roughly a third of its revenues.
- Over the year, 47% of revenues were generated from the U.S., followed by 18% from Singapore, a global business hub for billing centers.
Nvidia's Triple-Digit Revenue Growth
Nvidia's continued dominance in the semiconductor industry led revenue growth to surge 114% in its latest annual report, with 89% of revenues driven from its compute and networking services.
Demand for its new Blackwell chips drove revenues, given significant purchases from cloud service providers.
Among Nvidia's key growth categories are chips for vehicles. In the latest quarter, these increased 103% year-over-year to reach $570 million.