NVIDIA Corporation
NVDAQ1 2024(NVDA Q4 FY2024)Derived68% AI
AI Revenue %
68%
AI Fair Value
$2.12T
AI Revenue (Q)
$23.9B
Total Revenue (Q)
$35.1B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Full-year FY2024: Data Center revenue was $47,525M out of $60,922M total (78.0%). Compute & Networking segment revenue was $47,405M. Full-year FY2024 Data Center sub-breakdown (from FY2025 10-K comparative): Compute $38,950M, Networking $8,575M. Q4 FY2024 Data Center = $47,525M (full year) - $29,121M (9 months through Q3) = $18,404M. The Compute sub-line for Q4 = $38,950M - implied 9-month compute. Using Q1 FY2025 filing showing Q1 FY2024 had Compute $3,357M, the AI compute share is very high. Estimate ~84% of Q4 Data Center as Core AI: ~$15,459M. Q4 total revenue = $60,922M - $38,819M = $22,103M. $15,459M / $22,103M = 69.9%. Being conservative, round to 68.0%.
Analyzed by claude-opus-4-6
Quoted Figures
FY2024 full year: Data Center $47,525M; Gaming $10,447M; Professional Visualization $1,553M; Automotive $1,091M; OEM and Other $306M; Total $60,922M. Data Center sub-breakdown: Compute $38,950M, Networking $8,575M.
10-K filed for year ended Jan 28, 2024, Note 17 Segment Information
Compute & Networking segment: FY2024 Revenue $47,405M. Graphics segment: FY2024 Revenue $13,517M.
10-K filed for year ended Jan 28, 2024, Note 17 Segment Information
AI Products Identified (Ring 1)
H100H200DGX H100HGX H100NVIDIA AI EnterpriseDGX CloudGrace Hopper
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Automotive AI Cockpitautonomous driving development agreementsDRIVE platform
Confidence Tier
DerivedCalculated from reported segments primarily serving AI