Nvidia 4Q Gaming Segment Revenue Surges on Higher Sell-In to Partners

Nvidia’s gaming segment gets a power boost. The chip company’s segment reported $2.9 billion in 4Q revenue, flat from the prior quarter and up 56% from a year earlier. CFO Colette Kress says the year-on-year increases for the quarter reflect higher sell-in to partners following the normalization of channel inventory levels and growing demand. She also notes that the launch of certain GPUs also contributed to revenue in the quarter. Shares rise 6.5% to $717.99 in late trading, boosted in part by quarterly sales that tripled from the prior year.

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