Nvidia Data Center Revenue Up 75% to $62.31 Billion
Nvidia's data center revenue rose 75% year-over-year to $62.31 billion in the most recent quarter. Jim Cramer identified Nvidia as a key beneficiary of renewed data center demand alongside Broadcom's $8.40 billion AI chip sales and GE Vernova's $150 billion backlog.
1. Nvidia Posts Robust Data Center Revenue Growth
Nvidia's data center segment generated $62.31 billion in revenue during the latest quarter, representing a 75% increase year-over-year. This surge underscores accelerating demand for high-performance computing and AI workloads powered by Nvidia's GPUs.
2. Cramer Positions Nvidia as Key Data Center Play
Jim Cramer highlighted Nvidia alongside Broadcom, which posted $8.40 billion in AI chip sales up 106%, and GE Vernova with a $150 billion order backlog, as primary beneficiaries of renewed data center investment, reinforcing Nvidia's profile among leading infrastructure suppliers.