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Investor
PresentationQ1
FY24May
30,
2023Except
for
the
historical
information
contained
herein,
certainopportunity,
demand
and
growth
drivers;
Gaming
and
Professworld
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NVIDIA
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ortechnology
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afrecent
Annual
Report
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For
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10-K,
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ay
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FY23Q2
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($M)Highlights•$29•$251•$220•$138Q1
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FY23Q3
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($M)Highlights•••••$2,2$1,731$1,270$392Q1
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ot
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aw
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oveHTML,
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areportals
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-
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ATFORMSNVIDIA
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For
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asnetworking.NVEnabling
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tionize
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Large
LanguageModels
toperform
specific
task
s—
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summarize
legaldocuments,
write
marketing
c
opy,
analyze
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c
hatbot
to
support
customers,
searchdocuments,
write
and
document
code,
paraphrase.Nemo
can
help
thousands
of
companies,
train
languageAI’s
to
do
hundreds
of
tasks,
in10’s
of
languages.NVIDIA
NeMo
LLMThe
operating
engine
of
AIsoftware
dOne
engine
license
accelerand
dataOne
engine
license
unlocks
wand
robotics
frameworks
andSpark,
Merlin,
Monai,
MetropNVIDIA
AI
EEngaging
withcustomers
at
ever
y
layerNEMOPICASSOBIONEMOON
PREMNVNVIDNVIDIAGo
-to
-Reaching
customers
ever
ywhereCLOUDDGX
ClouNeMo
|
PicassoPARTNERSHGXGGaming
&MetaverseFinancial
ServicesGamingOver3B
gamers
and
creators,
aquarterof
them
spe$100/year
for
GPUs
in
desktops,
laptops,
cloud
orNVIDIA
AI
Enterprise
Software50M
enterprise
server
installed
base;
per-
server,
psubscription
price$150B
$150BOmniverse
Enterprise
SoftwareOver45M
designers
and
creators;
10s
of
millions
of
d—per-user/digital
twin,
per-year
subscription
p$100B$300BChips
and
Systems~20M
servers/year—GPUs,
CPUs,
DPUs,
NICs,
sw$300BAutomotive100M
vehicles/year
hardware
opportunity;
100s
ofAV
vehicles
installed
base
software
opportunDrivinRevenue
($M)$26,9$16,675Fiscal
year
ends
in
January.
Refer
to
Appendix
for
reconciliation
of
Non-GAAP
measures.
Operating
margins
rounded
to
the
nearest
percent.$11,716$10,918FY19FY20FY21FY2FY23
financial
metrics
reflect
a
$2.2B
charge
for
inventory
and
related
reserves
primarily
related
to
Data
Center
and
Gaming.NVIDIAGrossAccelerated
computing
requires
full
-
stacenter-
scale
innovation
across
silicon,
syalgorithms
and
applications.69%67%65%63%61%59%57%55%$18,000$12,000$6,000Significant
expertise
and
effort
a
re
requapplication
speed
-ups
can
be
incredible,dram
atic
cost
and
time
-to
-
solution
saviFo
r
example,
10
NVIDIA
HGX
nodes
with
8GPUs
that
cost
$4M
can
replace
920
nodethat
cost
over
$50M
fo
rAI
inference.NVIDIA
chips
carry
the
value
of
the
full
-the
chip.$0Costcomparison
example
based
on
latest
available
NVIDIAA100GPU
and
Intel
CPU
inference
results
in
the
commercially
available
category
ofthe
MLPerf
industry
benchmark;
includes
related
infrastructure
costs
such
as
networking.FY23
financial
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
Appendix
for
reconciliation
of
Non-GAAP
measures.
Gross
margins
are
rounded
to
the
nearest
percent.StFre
e
Cash
Fl
ow
(Non
-GAAP)Share
Repurchase$8.0$4.7B$4.3BDividend$3.1BStrategic
InvestmentsFY19FY20FY21FY2Fiscal
year
ends
in
January.
Refer
to
Appendix
for
reconciliation
of
Non-GAAP
measures.1
Subject
to
continuing
determination
by
our
Board
of
Directors.OurData
CenterGamingProfessional
VisualizationAutomotive56%
of
FY23
revenue33%FY23
Revenue
$15.0BFY25-yr
CAGR
51%5DGX/HGX/EGX/IGX
systemsGeForceGeForcGPU
|
CPU
|
DPU
|
NetworkingNVIDIA
AI
softwareThe
leading
computing
platform
for
AI,HPC
&graphicsRevenue
($M)Leader
in
AI&
HPC51%
5-YR
CAGRThrough
FY23$10,6Growth
Drivers$6,696$2,932FY19$2,983FY20FY21FY2Modern
AIis
aData
centers
are
becomingAI
factories:
data
as
input,intelligence
as
outputAI
Training
Computational
RequirAll
AI
Models
Excluding
Transformers:
8x
/
2yrsTransformer
AIModels:
275x
/
2yrs1010109108107106105104103102Megatron
-TuringNLG
530BGPT-3Microsoft
T-NLGGPT-2MegatronXLNetWav2Ve
c
2.0MoCo
ResNet50XceptionResNeXtInceptionV3BERT
LargeGPT-1ResnetTransformerSeq2SeqELMoVGG-19DenseNet201AlexNet2012
2013
2014
2015
2016
2017
2018
2WaveRamping
new
architectures
for
G
PU,
CPU
andDPUH100
GPUWorld’s
Most
Advanced
Chip80B
TransistorsTransformer
Engine
–
6X
PerfConfidential
Computing4th
Gen
NVLink—7X
PCIe
Gen52H
FY23GeForce—
the
world
’s
largest
gaming
platformRevenue
($M)Leader
in
PC
Gaming$12,410%
5-YR
CAGRThrough
FY23$7,759$6,246$5,518Growth
DriversFY19FY20FY21FY2StNew
g
eneration,
more
gamers400+
RTX
Games
and
Applications81%77%60%42%Boomers
GenX
Millennials
GenZ2:30Hrs/Wk4:25Hrs/Wk6:50Hrs/Wk7:20Hrs/WkNew
generation,
more
gamersSource:
NewZoo
and
NVIDIA
internal
analysisPWorkstation
graphicsRevenue
($M)Leaderin
Workstation
Graphics11%
5-YR
CAGRThrough
FY23$2,1$1,212$1,130$1,053Growth
DriversFY19FY20FY21FY2Autonomous
Vehicles
(AV)
&
AI
CockpitRevenue
($M)Leader
in
Autonomous
Driving10%
5-YR
CAGRThrough
FY23$700FY20$641FY19Growth
Drivers$56FY2$536FY21*SOP
=Start
of
ProductionGro$14B
design
win
pipeline
—6year
horizon2023FinancialsAnnOperating
Income
(Non
-GAAP)126,8034,407FY193,735FY20FY21FYFre
e
Cash
Fl
ow
(Non
-GAAP)
—8,04,6774,2723,143FY19FY20FY21FYCash
balance
is
definedascash
andcash
equivalentsplus
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securitiesRefer
to
Appendix
for
reconciliation
ofnon-GAAP
measuresEnvironmentally
ConsciousAPlace
For
People
To
Do
TheirLife’s
WorkManagementBy
FY26,
engage
manufacturing
suppliers
comprising
at
least67%
of
NVIDIA’s
scope
3categor
y
1GHG
emissions
with
goalof
effecting
supplier
adoption
of
science
-
based
targetsFORTUNEFORBES23
of
Top
30
Supercomputers
on
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