The DeanBeat: Surprise, Nvidia’s secret weapon is … gaming

Nvidia reported record financial results on Thursday for its first fiscal quarter that ended April 29, and it also saw its stock price hit an all-time high of $260.13 per share, giving the company a market value of $157.9 billion. Based on all of the hype around Nvidia, you would think that the reason for this is its strength in artificial intelligence chips or the use of its graphics chips for crytpocurrency mining.

In fact, Nvidia’s biggest business is gaming. It generated $1.72 billion in revenue from gaming graphics chips during the quarter, up 68 percent from a year earlier. The gaming revenues are 47 percent of Nvidia’s overall $3.21 billion in quarterly sales.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.