GPUsNews

NVIDIA Loses Just 2% of its Revenue as Offices are Shut Down in Russia

In October, NVIDIA officially shut down all its operations in Russia as sales of both data center and consumer graphics cards were wrapped up. At the time, around 240 employees worked for the Santa Clara-based company. These folks were given the option to either relocate abroad or look for other jobs. Furthermore, NVIDIA hardware has been banned from sale via official channels.

Fortunately for Team Green, the Russian Federation represented a minor market for its wide portfolio. Disclosures from the Q3 2022 earnings report indicate that the Federation accounted for just 2% of its revenue and 4% for the gaming business.

Although channel partners are forbidden to sell the latest GeForce RTX 40 series graphics cards, Russian gamers can still procure them from the grey market.

Areej

Computer hardware enthusiast, PC gamer, and almost an engineer. Former co-founder of Techquila (2017-2019), a fairly successful tech outlet. Been working on Hardware Times since 2019, an outlet dedicated to computer hardware and its applications.