Nvidia Reports Gaming GPU Revenue Drop

Nvidia reports a 13% quarter-on-quarter decline in gaming GPU revenue for its most recent fiscal quarter, citing seasonal inventory moderation and higher graphics-card prices driven by rising RAM costs. Despite the quarterly dip, gaming revenue reached $3.7 billion this quarter (up 47% year-over-year) and a record $16.0 billion full year, while data-center AI chips drove $62.3 billion this quarter.