NVIDIA Hits Revenue Milestone, Data Centers Drive Growth

NVIDIA (NVDA) has reported a significant revenue milestone of $96.2 billion, driven mainly by data center sales which account for 92.5% of its total revenue, valued at approximately $89 billion.

In June, the company raised its dividend by 25 times and committed to returning at least 50% of free cash flow to shareholders, according to its public disclosures.

NVIDIA's data center sales have been limited in China due to export curbs, resulting in a minimal share of NVDA's revenue from this region.