Artificial intelligence now a huge part of the game for Nvidia

Artificial-intelligence chips are still growing to be large part of chipmaker Nvidia's business. Nvidia announced $2.9 billion in total revenue in its Q24 2018, with $9.71 billion in revenue over the entire year. The company reported $606 million of that revenue from hardware sold for use in data centers, meaning just over 20% of Nvidia's revenue now comes from AI-optimized data center hardware, up from 13% of its revenue this time last year. Graphics processing units (GPUs) for gaming still make up the most of the company's revenue, generating $1.73 billion this past quarter. Enterprise-grade chips, deemed useful for popular AI computations, have been big, steady business for the Nvidia--the sector's revenue has grown 524% over the last 4 years.