Nvidia’s Shockingly Low Federal Tax Payments Raise Concerns Despite Trillion-Dollar Club Membership

Nvidia

The company reported revenues of $26.97 billion in the fiscal year 2023, $26.91 billion in 2022, and $16.67 billion in 2021. Nvidia, the latest addition to the trillion-dollar club, has come under scrutiny for paying surprisingly low amounts of federal taxes despite its staggering revenue Its annual income tax payments during that period amounted to … Read more