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Americas organic growth was driven by broad-based strength in core institutional markets and a cyclical recovery in commercial verticals like office and multifamily.
The company is benefiting from a secular shift in higher education as campuses transition from mechanical keys to contactless mobile credentials, triggering large-scale hardware upgrades.
Data center demand is emerging as a high-growth vertical, now approaching 5% of non-residential business, which management expects will fuel a significant future aftermarket installed base.
International segment performance was hampered by deteriorating macroeconomic conditions in Germany, leading to a downward revision of the full-year organic outlook for that region.
#NVIDIA #americas #data #analysts
Americas organic growth was driven by broad-based strength in core institutional markets and a cyclical recovery in commercial verticals like office and multifamily.
The company is benefiting from a secular shift in higher education as campuses transition from mechanical keys to contactless mobile credentials, triggering large-scale hardware upgrades.
Data center demand is emerging as a high-growth vertical, now approaching 5% of non-residential business, which management expects will fuel a significant future aftermarket installed base.
International segment performance was hampered by deteriorating macroeconomic conditions in Germany, leading to a downward revision of the full-year organic outlook for that region.
#NVIDIA #americas #data #analysts
3 months ago
