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文檔簡介
Investor
PresentationQ2FY24August
28,
2023Except
forthe
historical
information
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herein,
certainopportunity,
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Applications
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s—
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summarize
legaldocuments,
write
marketing
copy,
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marketsentiment,
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searchdocuments,
write
and
documentcode,
paraphrase.NeMocanhelp
thousandsof
companies,
train
languageAI’s
todo
hundreds
of
tasks,
in
10’s
of
languages.NVIDIANeMo
LLMThe
operating
engine
of
AIsoftware
deOne
engine
license
accelerand
dataOne
engine
license
unlocks
wand
robotics
frameworks
andSpark,Merlin,
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EEngaging
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at
every
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-to
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ywhereCLOUDGX
ClouNeMo
|
PicassoPARTNERSHGXGGamingFinancial
ServicesGamingOver
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gamersandcreators,
a
quarterof
them
spe$100/year
for
GPUsin
desktops,
laptops,
cloud
orNVIDIA
AI
EnterpriseSof
tware50M
enterprise
server
installed
base;
per-
server,
psubscription
price$150B
$150BOmniverse
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twareOver
45M
designersandcreators;
10s
of
millions
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d—per-
user/digital
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per-yearsubscription
p$100B$300BChips
andSystems~20M
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vehicles/year
hard
ware
opportunity;
100s
ofAV
vehicles
installed
base
software
opportunDrivinRevenue
($M)$26,914$$16,675Fiscal
year
ends
in
January.
Refer
to
Appendixfor
reconciliationof
Non-GAAP
measures.
Operating
margins
rounded
to
the
nearest
percent.$11,716$10,918FY19FY20FY21FY22FY23financial
metrics
reflect
a
$2.2B
charge
for
inventory
and
related
reserves
primarily
related
to
Data
Center
and
Gaming.NVIDIAGrossAccelerated
computing
requires
full
-
scenter-
scale
innovation
across
silicon,algorithms
and
applications.80%75%70%65%60%55%$18,000$12,000$6,000Significant
expertise
and
effort
are
reapplication
speed
-
ups
can
be
incredibin
dramatic
cost
and
time
-to
-
solutionFor
example,
10
NVIDIA
HGX
nodes
withA100
GPUs
that
cost
$4Mcan
replace
9CPU
servers
that
cost
over
$50Mfor
AINVIDIA
chips
carry
the
value
of
the
fun
ot
just
the
chip.$0Cost
comparisonexample
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available
NVIDIA
A100
GPU
and
Intel
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inference
results
in
the
commercially
available
category
ofthe
MLPerf
industry
benchmark;
includes
related
infrastructure
costs
such
as
networking.FY23financial
metrics
reflect
a
$2.2B
charge
for
inventory
and
related
reserves
primarily
related
to
Data
Center
and
Gaming.Fiscal
year
ends
in
January.Refer
to
Appendixfor
reconciliationof
Non-GAAP
measures.
Gross
margins
are
rounded
to
the
nearest
percent.StFre
e
Cash
Flow
(Non
-GAAPShare
Repurchase$8.0B$4.7B$4.3BDividend$3.1BStrategic
InvestmentsFY19FY20FY21FY22Fiscal
year
ends
in
January.
Refer
to
Appendixfor
reconciliationof
Non-GAAP
measures.1
Subject
to
continuing
determinationby
our
Board
of
Directors.OurData
CenterGamingProfessional
VisualizationAutomotive56%
of
FY23revenue33%FY23
Revenue
$15.0BFY25-yr
CAGR
51%5DGX/HGX/EGX/IGXsystemsGeForceG
eForcGPU|
CPU
|
DPU|
NetworkingNVIDIA
AI
softwareTheleading
computing
platform
for
AI,
HPC&
graphicsRevenue
($M)Leader
in
AI
&
HPC$51%
5-YR
CAGRThrough
FY23$10,613GrowthDrivers$6,696$2,932FY19$2,983FY20FY21FY22Modern
AI
is
aData
centers
are
becoming
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data
as
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outputAI
Training
Computational
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AI
Models
Excluding
Transformers:8X
/2yrs1010109108107106105104103102Megatron
-TuringTransformer
AI
Models:275X
/2yrsNLG
530BGPT-3Microsoft
T-NLGGPT-2MegatronXLNetWav2Vec
2.0MoCoResNet50XceptionResNeXtInceptionV3BERT
LargeGPT-1ResnetTransformerSeq2SeqELMoVGG-19DenseNet201AlexNet2012
2013
2014
2015
2016
2017
2018
2GeForce
—theworld’s
largest
gaming
platformRevenue
($M)Leader
in
PC
Gaming10%
5-YR
CAGRThrough
FY23$12,462$7,759$6,246$5,518GrowthDriversFY19FY20FY21FY22GeForce
ExtenGeForce
GamingRevenue20%CAGR3YR
CAGRASP
10%Units
9%FY20FY23More
Gamers,
Richer
MixSource:
NVIDIA
estimatesPWorkstation
graphicsRevenue
($M)Leader
in
Workstation
Graphics11%
5-YR
CAGRThrough
FY23$2,111$1,212$1,130$1,053GrowthDriversFY19FY20FY21FY22Autonomous
Vehicles
(AV)
&
AICockpitRevenue
($M)Leader
in
Autonomous
Driving10%
5-YR
CAGRThrough
FY23$700$641FY19GrowthDrivers$566$536FY20FY21FY22G
ro$14B
DesignWin
Pipeline
—6
Year
Horizon2023FinancialsAnnOperating
Income(Non
-GAAP)12,6,8034,407FY193,735FY20FY21FYFre
e
Cash
Flow
(Non
-GAAP)
—8,04,6774,2723,143FY19FY20FY21FYCash
balance
is
definedas
cash
andcash
equivalents
plus
marketable
securitiesRefer
to
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reconciliation
of
non-GAAP
measuresEnvironmentally
ConsciousAPlace
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r
People
To
DoTheir
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WorkManagementByFY26,
aim
toengage
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scope
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based
targetsFORTUNECNBCNVIDIA
GPUsare
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than
traditional
CPUsCorporate
GovernanceNEWSWEEKHUMAN
RIGHTS
CAMPAIGNPlan
to
achieve
&
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100%
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electricityforouroperations
and
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