Nvidia announced its fiscal 2023 fiscal second quarter report, which ended July 31, 2022, with revenue of $6.7 billion, up 3% year-over-year, but down 19% from the previous quarter. Among them, the data center business revenue was 3.81 billion US dollars, a year-on-year increase of 61%; the game business revenue was 2.04 billion US dollars, a year-on-year decrease of 33%; the professional visualization revenue was 496 million US dollars, a year-on-year decrease of 4%; the automotive business was 220 million US dollars, a year-on-year increase of 45%. Apparently the gaming business is a drag on Nvidia’s revenue growth. Nvidia, which has the largest market share of graphics cards and is widely used by miners to mine cryptocurrencies such as ethereum, has been hit hard by the collapse of the cryptocurrency market and consumer spending cuts. Nvidia forecasts that revenue will continue to decline to $5.9 billion in the fiscal third quarter.
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