NVIDIA (FRA:NVD) Construction In Progress : €174 Mil (As of Jan. 2024)

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What is NVIDIA Construction In Progress?

NVIDIA's quarterly construction in progress stayed the same from Jul. 2023 (€0 Mil) to Oct. 2023 (€0 Mil) but then increased from Oct. 2023 (€0 Mil) to Jan. 2024 (€174 Mil).

NVIDIA's annual construction in progress declined from Jan. 2022 (€652 Mil) to Jan. 2023 (€354 Mil) and declined from Jan. 2023 (€354 Mil) to Jan. 2024 (€174 Mil).

NVIDIA Construction In Progress Historical Data

The historical data trend for NVIDIA's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NVIDIA Construction In Progress Chart

NVIDIA Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Construction In Progress

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288.32

458.12

651.51

354.50

173.50

NVIDIA Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Construction In Progress	Get a 7-Day Free Trial															354.50	-	-	-	173.50

NVIDIA Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

NVIDIA (FRA:NVD) Business Description

Industry

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Address

2788 San Tomas Expressway, Santa Clara, CA, USA, 95051

Website

https://www.nvidia.com

Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.