Definitely this will be another time and for the foreseeable future that you will hear and read that Nvidia venues must include AI and data serves as practically GeForce is no longer the main traction of income.

There has been a mix of reaction with Nvidia and his Fiscal Year 2023 results which saw the company witnessing the yet another fall of the PC market, but in contrast, a rise of Data center revenue, which includes AI chips, rose 11% on an annual basis to $3.62 billion.

In general, Nvidia managed to have revenue of $6.05 billion in Q4 a hefty minus 21% compared to last year with 2.14 billion, another negative as being 35% less than last year.

In full year numbers respectively it is $26,974 billion, just shy of a little more of 60 million in positive of Fiscal Year 22 and $4,368 billion of Net income which is negative at more than half of 2022 numbers.

The company expects first-quarter sales to rise to $6.5 billion, which is higher than the $6.33 billion expected by Wall Street. 

Despite acknowledging that the PC boom that the pandemic brought for the consumer side, Nvidia see itself more and more deep on focusing on AI and data centers solutions, which appears to have resonating good on Wall Street as shares of Nvidia have been 12% positive, this is a follow-up after pre opening had Nvidia up to 8%, signaling a good reception from investors despite gross numbers are mostly negative.