NVIDIA Earnings Call Quiz
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Questions and Answers

What was the revenue for NVIDIA's Q1 2024?

  • $14 billion
  • $11 billion
  • $5.66 billion
  • $7.19 billion (correct)

    • What was the revenue for Pro Visualization in Q1 2024?

  • $500 million
  • $295 million (correct)
  • $400 million
  • $200 million

    • What was the revenue for Gaming in Q1 2024?

  • $4 billion
  • $2.24 billion (correct)
  • $1.5 billion
  • $3 billion

    • What is NVIDIA's Hopper generation AI system called?

    <p>DGX H100</p> Signup and view all the answers

    What is driving exponential growth in compute requirements according to NVIDIA?

    <p>Generative AI</p> Signup and view all the answers

    What is NVIDIA's partnership with BYD about?

    <p>To extend BYD's use of the DRIVE Orin to its next-generation high-volume Dynasty and Ocean series of vehicles</p> Signup and view all the answers

    What is the revenue expectation for Q2 2024?

    <p>$11 billion</p> Signup and view all the answers

    What is the expected non-GAAP gross margin for Q2 2024?

    <p>70%</p> Signup and view all the answers

    What is the expected non-GAAP operating expenses for Q2 2024?

    <p>$1.9 billion</p> Signup and view all the answers

    What is NVIDIA's automotive design win pipeline over the next six years?

    <p>$14 billion</p> Signup and view all the answers

    What is NVIDIA AI Foundations?

    <p>Model foundry services available on DGX Cloud</p> Signup and view all the answers

    What is the dynamic that NVIDIA expects to linger for the rest of the calendar year in some NEV customers in China?

    <p>Slower than expected demand growth</p> Signup and view all the answers

    What was the revenue for NVIDIA's Q1 2024?

    <p>$7.19 billion</p> Signup and view all the answers

    What was the revenue for Pro Visualization in Q1 2024?

    <p>$295 million</p> Signup and view all the answers

    What was the revenue for Gaming in Q1 2024?

    <p>$2.24 billion</p> Signup and view all the answers

    What is NVIDIA's Hopper generation AI system called?

    <p>DGX H100</p> Signup and view all the answers

    What is driving exponential growth in compute requirements according to NVIDIA?

    <p>Generative AI</p> Signup and view all the answers

    What is NVIDIA's partnership with BYD about?

    <p>To extend BYD's use of the DRIVE Orin to its next-generation high-volume Dynasty and Ocean series of vehicles</p> Signup and view all the answers

    What is the revenue expectation for Q2 2024?

    <p>$11 billion</p> Signup and view all the answers

    What is the expected non-GAAP gross margin for Q2 2024?

    <p>70%</p> Signup and view all the answers

    What is the expected non-GAAP operating expenses for Q2 2024?

    <p>$1.9 billion</p> Signup and view all the answers

    What is NVIDIA's automotive design win pipeline over the next six years?

    <p>$14 billion</p> Signup and view all the answers

    What is NVIDIA AI Foundations?

    <p>Model foundry services available on DGX Cloud</p> Signup and view all the answers

    What is the dynamic that NVIDIA expects to linger for the rest of the calendar year in some NEV customers in China?

    <p>Slower than expected demand growth</p> Signup and view all the answers

    What was NVIDIA's Q1 revenue and how did it compare to the previous year?

    <p>$7.19 billion, up 19% sequentially and down 13% year-on-year</p> Signup and view all the answers

    What was the main driver of record data center revenue in Q1?

    <p>Strong growth in accelerated computing platform worldwide</p> Signup and view all the answers

    What is driving exponential growth in compute requirements according to NVIDIA?

    <p>Generative AI</p> Signup and view all the answers

    What did NVIDIA start shipping in Q1 and what are NVIDIA AI Foundations?

    <p>DGX H100, its Hopper generation AI system, and model foundry services available on DGX Cloud</p> Signup and view all the answers

    What was the revenue for Pro Visualization in Q1 and how did it compare to the previous year?

    <p>$295 million, up 31% sequentially, and down 53% year-on-year</p> Signup and view all the answers

    What is the current size of NVIDIA's automotive design win pipeline and how has it changed from a year ago?

    <p>$14 billion, up from $11 billion a year ago</p> Signup and view all the answers

    What were NVIDIA's GAAP and non-GAAP gross margins in Q1?

    <p>64.6% and 66.8%</p> Signup and view all the answers

    What is expected to be the main driver of Q2 total revenue according to NVIDIA?

    <p>Data center demand related to generative AI and large language models</p> Signup and view all the answers

    What is the expected GAAP gross margin for Q2?

    <p>70%</p> Signup and view all the answers

    What is the expected non-GAAP operating expenses for Q2?

    <p>$1.9 billion</p> Signup and view all the answers

    What is the expected range of capital expenditures for Q2?

    <p>$300 million to $350 million</p> Signup and view all the answers

    When is NVIDIA's earnings call to discuss the results of Q2 scheduled for?

    <p>Wednesday, August 23</p> Signup and view all the answers

    What was the percentage change in NVIDIA's Q1 revenue compared to the previous quarter?

    <p>Up 19%</p> Signup and view all the answers

    What was the revenue for NVIDIA's data center in Q1 2024?

    <p>$4.28 billion</p> Signup and view all the answers

    What is driving the growth in NVIDIA's data center revenue according to the text?

    <p>Generative AI</p> Signup and view all the answers

    What is the name of NVIDIA's Hopper generation AI system?

    <p>DGX H100</p> Signup and view all the answers

    What is NVIDIA AI Foundations according to the text?

    <p>Model foundry services available on DGX Cloud</p> Signup and view all the answers

    What was the revenue for Pro Visualization in Q1 2024?

    <p>$295 million</p> Signup and view all the answers

    What was the percentage change in NVIDIA's GAAP gross margins in Q1 2024 compared to the previous year?

    <p>Down 1%</p> Signup and view all the answers

    What was the revenue expectation for Q2 2024 according to the text?

    <p>$11 billion</p> Signup and view all the answers

    What is the expected non-GAAP gross margin for Q2 2024 according to the text?

    <p>70%</p> Signup and view all the answers

    What is the expected non-GAAP operating expenses for Q2 2024 according to the text?

    <p>$1.9 billion</p> Signup and view all the answers

    What is NVIDIA's partnership with BYD about according to the text?

    <p>Extending BYD's use of the DRIVE Orin to its next-generation high-volume Dynasty and Ocean series of vehicles</p> Signup and view all the answers

    What is NeMo's LLM framework according to the text?

    <p>A model foundry service</p> Signup and view all the answers

    What was the revenue for NVIDIA's Q1 2024 data center segment?

    <p>$4.28 billion</p> Signup and view all the answers

    What was the revenue for NVIDIA's Q1 2024 Pro Visualization segment?

    <p>$295 million</p> Signup and view all the answers

    What is driving the exponential growth in compute requirements according to NVIDIA?

    <p>Generative AI</p> Signup and view all the answers

    What is NVIDIA's Hopper generation AI system called?

    <p>DGX H100</p> Signup and view all the answers

    What was the revenue for NVIDIA's Q1 2024 gaming segment?

    <p>$2.24 billion</p> Signup and view all the answers

    What was the reason for strong sequential growth in workstation demand across both mobile and desktop form factors in Q1 2024?

    <p>Stronger workstation demand across both mobile and desktop form factors</p> Signup and view all the answers

    What is NVIDIA's partnership with BYD about?

    <p>Extending BYD's use of the DRIVE Orin to its next-generation high-volume Dynasty and Ocean series of vehicles</p> Signup and view all the answers

    What is NVIDIA AI Foundations?

    <p>Model foundry services available on DGX Cloud</p> Signup and view all the answers

    What is the expected Q2 2024 total revenue for NVIDIA?

    <p>$11 billion</p> Signup and view all the answers

    What is the expected non-GAAP gross margin for Q2 2024?

    <p>70%</p> Signup and view all the answers

    What is the expected non-GAAP operating expenses for Q2 2024?

    <p>$1.9 billion</p> Signup and view all the answers

    What is NVIDIA's automotive design win pipeline over the next six years?

    <p>$14 billion</p> Signup and view all the answers

    What is the dynamic that NVIDIA expects to linger for the rest of the calendar year in some NEV customers in China?

    <p>Slower than expected demand growth</p> Signup and view all the answers

    What was the year-on-year change in NVIDIA's Q1 revenue?

    <p>Down 13%</p> Signup and view all the answers

    What was the main driver of record data center revenue in Q1 2024?

    <p>Strong growth in accelerated computing platform worldwide</p> Signup and view all the answers

    What is NVIDIA AI Foundations?

    <p>A model foundry service</p> Signup and view all the answers

    What was the revenue for Pro Visualization in Q1 2024?

    <p>$295 million</p> Signup and view all the answers

    What was the revenue for Gaming in Q1 2024?

    <p>$2.24 billion</p> Signup and view all the answers

    What was NVIDIA's GAAP gross margin in Q1 2024?

    <p>64.6%</p> Signup and view all the answers

    What was the change in GAAP and non-GAAP operating expenses in Q1 2024?

    <p>Down 1%</p> Signup and view all the answers

    What is NVIDIA's partnership with BYD about?

    <p>A next-generation high-volume Dynasty and Ocean series of vehicles</p> Signup and view all the answers

    What is driving exponential growth in compute requirements according to NVIDIA?

    <p>Generative AI</p> Signup and view all the answers

    What is NVIDIA's Hopper generation AI system called?

    <p>DGX H100</p> Signup and view all the answers

    What is the expected non-GAAP gross margin for Q2 2024?

    <p>70%</p> Signup and view all the answers

    What is the expected non-GAAP operating expenses for Q2 2024?

    <p>$1.9 billion</p> Signup and view all the answers

    What is NVIDIA's automotive design win pipeline over the next six years?

    <p>$14 billion</p> Signup and view all the answers

    Study Notes

    NVIDIA Q1 2024 earnings call highlights

    • NVIDIA's Q1 revenue was $7.19 billion, up 19% sequentially and down 13% year-on-year.

    • Record data center revenue of $4.28 billion was up 18% sequentially and up 14% year-on-year, driven by strong growth in accelerated computing platform worldwide.

    • Generative AI is driving exponential growth in compute requirements and fast transition to NVIDIA accelerated computing, creating opportunities and broad-based global growth across markets.

    • NVIDIA started shipping DGX H100, its Hopper generation AI system, and announced NVIDIA AI Foundations, which are model foundry services available on DGX Cloud.

    • Gaming revenue of $2.24 billion was up 22% sequentially, driven by sales of the 40 Series GeForce RTX GPUs for both notebooks and desktops.

    • Strong sequential growth was driven by stronger workstation demand across both mobile and desktop form factors, with strength in key verticals such as Public Sector, Healthcare, and Automotive.

    • Revenue for Pro Visualization was $295 million, up 31% sequentially, and down 53% year-on-year.

    • NVIDIA's automotive design win pipeline over the next six years now stands at $14 billion, up from $11 billion a year ago, giving us visibility into continued growth over the coming years.

    • NVIDIA's GAAP gross margins were 64.6%, and non-GAAP gross margins were 66.8%, largely recovered to prior peak level.

    • NVIDIA expects the dynamic of slower than expected demand growth to linger for the rest of the calendar year in some NEV customers in China.

    • NVIDIA expanded its partnership with BYD, the world's leading manufacturer of NEVs, to extend BYD's use of the DRIVE Orin to its next-generation high-volume Dynasty and Ocean series of vehicles.

    • NVIDIA and Microsoft have collaborated on end-to-end software engineering, spanning from the Windows operating system to the NVIDIA graphics drivers, and NeMo's LLM framework to help make Windows on NVIDIA RTX Tensor Core GPUs, a supercharged platform for generative AI.Nvidia Q1 2022 Earnings Call Highlights

    • Q1 revenue was $5.66 billion, up 84% from last year.

    • GAAP gross margin was 64.1%, non-GAAP gross margin was 64.5%, both up from last year.

    • GAAP and non-GAAP operating expenses were down 1%.

    • The company is working through inventory corrections in gaming and professional visualization.

    • Nvidia expects to increase investments in the business while also delivering operating leverage.

    • $99 million was returned to shareholders in the form of cash dividends.

    • The company has approximately $7 billion remaining under its share repurchase authorization through December 2023.

    • Q2 total revenue is expected to be $11 billion, plus or minus 2%, largely driven by data center demand related to generative AI and large language models.

    • GAAP and non-GAAP gross margins for Q2 are expected to be 68.6% and 70%, respectively, plus or minus 50 basis points.

    • GAAP and non-GAAP operating expenses for Q2 are expected to be approximately $2.71 billion and $1.9 billion, respectively.

    • Capital expenditures for Q2 are expected to be approximately $300 million to $350 million.

    • The company's earnings call to discuss the results of Q2 is scheduled for Wednesday, August 23.

    NVIDIA Q1 2024 earnings call highlights

    • NVIDIA's Q1 revenue was $7.19 billion, up 19% sequentially and down 13% year-on-year.

    • Record data center revenue of $4.28 billion was up 18% sequentially and up 14% year-on-year, driven by strong growth in accelerated computing platform worldwide.

    • Generative AI is driving exponential growth in compute requirements and fast transition to NVIDIA accelerated computing, creating opportunities and broad-based global growth across markets.

    • NVIDIA started shipping DGX H100, its Hopper generation AI system, and announced NVIDIA AI Foundations, which are model foundry services available on DGX Cloud.

    • Gaming revenue of $2.24 billion was up 22% sequentially, driven by sales of the 40 Series GeForce RTX GPUs for both notebooks and desktops.

    • Strong sequential growth was driven by stronger workstation demand across both mobile and desktop form factors, with strength in key verticals such as Public Sector, Healthcare, and Automotive.

    • Revenue for Pro Visualization was $295 million, up 31% sequentially, and down 53% year-on-year.

    • NVIDIA's automotive design win pipeline over the next six years now stands at $14 billion, up from $11 billion a year ago, giving us visibility into continued growth over the coming years.

    • NVIDIA's GAAP gross margins were 64.6%, and non-GAAP gross margins were 66.8%, largely recovered to prior peak level.

    • NVIDIA expects the dynamic of slower than expected demand growth to linger for the rest of the calendar year in some NEV customers in China.

    • NVIDIA expanded its partnership with BYD, the world's leading manufacturer of NEVs, to extend BYD's use of the DRIVE Orin to its next-generation high-volume Dynasty and Ocean series of vehicles.

    • NVIDIA and Microsoft have collaborated on end-to-end software engineering, spanning from the Windows operating system to the NVIDIA graphics drivers, and NeMo's LLM framework to help make Windows on NVIDIA RTX Tensor Core GPUs, a supercharged platform for generative AI.Nvidia Q1 2022 Earnings Call Highlights

    • Q1 revenue was $5.66 billion, up 84% from last year.

    • GAAP gross margin was 64.1%, non-GAAP gross margin was 64.5%, both up from last year.

    • GAAP and non-GAAP operating expenses were down 1%.

    • The company is working through inventory corrections in gaming and professional visualization.

    • Nvidia expects to increase investments in the business while also delivering operating leverage.

    • $99 million was returned to shareholders in the form of cash dividends.

    • The company has approximately $7 billion remaining under its share repurchase authorization through December 2023.

    • Q2 total revenue is expected to be $11 billion, plus or minus 2%, largely driven by data center demand related to generative AI and large language models.

    • GAAP and non-GAAP gross margins for Q2 are expected to be 68.6% and 70%, respectively, plus or minus 50 basis points.

    • GAAP and non-GAAP operating expenses for Q2 are expected to be approximately $2.71 billion and $1.9 billion, respectively.

    • Capital expenditures for Q2 are expected to be approximately $300 million to $350 million.

    • The company's earnings call to discuss the results of Q2 is scheduled for Wednesday, August 23.

    NVIDIA Q1 2024 earnings call highlights

    • NVIDIA's Q1 revenue was $7.19 billion, up 19% sequentially and down 13% year-on-year.

    • Record data center revenue of $4.28 billion was up 18% sequentially and up 14% year-on-year, driven by strong growth in accelerated computing platform worldwide.

    • Generative AI is driving exponential growth in compute requirements and fast transition to NVIDIA accelerated computing, creating opportunities and broad-based global growth across markets.

    • NVIDIA started shipping DGX H100, its Hopper generation AI system, and announced NVIDIA AI Foundations, which are model foundry services available on DGX Cloud.

    • Gaming revenue of $2.24 billion was up 22% sequentially, driven by sales of the 40 Series GeForce RTX GPUs for both notebooks and desktops.

    • Strong sequential growth was driven by stronger workstation demand across both mobile and desktop form factors, with strength in key verticals such as Public Sector, Healthcare, and Automotive.

    • Revenue for Pro Visualization was $295 million, up 31% sequentially, and down 53% year-on-year.

    • NVIDIA's automotive design win pipeline over the next six years now stands at $14 billion, up from $11 billion a year ago, giving us visibility into continued growth over the coming years.

    • NVIDIA's GAAP gross margins were 64.6%, and non-GAAP gross margins were 66.8%, largely recovered to prior peak level.

    • NVIDIA expects the dynamic of slower than expected demand growth to linger for the rest of the calendar year in some NEV customers in China.

    • NVIDIA expanded its partnership with BYD, the world's leading manufacturer of NEVs, to extend BYD's use of the DRIVE Orin to its next-generation high-volume Dynasty and Ocean series of vehicles.

    • NVIDIA and Microsoft have collaborated on end-to-end software engineering, spanning from the Windows operating system to the NVIDIA graphics drivers, and NeMo's LLM framework to help make Windows on NVIDIA RTX Tensor Core GPUs, a supercharged platform for generative AI.Nvidia Q1 2022 Earnings Call Highlights

    • Q1 revenue was $5.66 billion, up 84% from last year.

    • GAAP gross margin was 64.1%, non-GAAP gross margin was 64.5%, both up from last year.

    • GAAP and non-GAAP operating expenses were down 1%.

    • The company is working through inventory corrections in gaming and professional visualization.

    • Nvidia expects to increase investments in the business while also delivering operating leverage.

    • $99 million was returned to shareholders in the form of cash dividends.

    • The company has approximately $7 billion remaining under its share repurchase authorization through December 2023.

    • Q2 total revenue is expected to be $11 billion, plus or minus 2%, largely driven by data center demand related to generative AI and large language models.

    • GAAP and non-GAAP gross margins for Q2 are expected to be 68.6% and 70%, respectively, plus or minus 50 basis points.

    • GAAP and non-GAAP operating expenses for Q2 are expected to be approximately $2.71 billion and $1.9 billion, respectively.

    • Capital expenditures for Q2 are expected to be approximately $300 million to $350 million.

    • The company's earnings call to discuss the results of Q2 is scheduled for Wednesday, August 23.

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    Test your knowledge of NVIDIA's latest earnings calls and highlights with this quiz! From revenue and gross margins to new products and partnerships, see how well you know the latest news from the leading technology company. Keywords: NVIDIA, earnings call, revenue, data center, AI, gaming, gross margins, operating expenses, partnerships.

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