nvidia conference call

Nvidia conference call

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Nvidia conference call

After Nvidia's NVDA fourth-quarter results for the fiscal year handily beat analysts' expectations, company executives, speaking on an earnings call, discussed artificial intelligence AI contributing to record-high data center revenue, its AI enterprise software opportunities, the company's expansive AI ecosystem and declining revenue in China. The software segment represented a small portion of Nvidia's earnings, but Huang said that he believes that "every enterprise in the world, every software enterprise company that [is] deploying software, in all the clouds and private clouds and on-prem will run on Nvidia AI enterprise. The fundamental reason that Nvidia will be successful in software" is because the company manages the "complicated stack of software that's involved in accelerated computing" for its enterprise cloud service provider CSP customers, Huang said, adding that AI only amplifies the demand for these services. He explained that Nvidia AI enterprise is like "an operating system for artificial intelligence" that the company will charge customers per graphics processing unit GPU running the system. Huang noted that it "is going to likely be a very significant business over time" and that Nvidia "is just getting started" with its software business. Huang said that the company has "an excellent ecosystem" with original equipment manufacturers OEMs , original design manufacturers ODMs , CSPs, and "very importantly, end markets. Nvidia has an expansive ecosystem, and Huang noted that the company is "looking for opportunities to connect partners and users" across its network "all the time. While Nvidia has established itself as a leading benefactor of the AI boom, companies within its ecosystem could also see gains. Declines related to the U. The company said that though it has not received the licenses from the U. Nvidia noted that China represented a "single-digit percentage" of data center revenue for the fourth quarter of the fiscal year and that similar numbers are expected for the current quarter. He added that the company is going to "do [its] best to compete in the marketplace" under these circumstances. Use limited data to select advertising. Create profiles for personalised advertising.

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Nvidia reported fourth fiscal quarter earnings that beat Wall Street's forecast for earnings and sales, and said revenue during the current quarter would be better than expected, even against elevated expectations for massive growth. Here's what the company reported compared with what Wall Street was expecting for the quarter ending in January, based on a survey of analysts by LSEG, formerly known as Refinitiv:. Nvidia has been the primary beneficiary of the recent technology industry obsession with large artificial intelligence models, which are developed on the company's pricey graphics processors for servers. Nvidia CEO Jensen Huang addressed investor fears that the company may not be able to keep up this growth or level of sales for the whole year on a call with analysts. He says demand for the company's GPUs will remain high due to generative AI and an industry-wide shift away from central processors to the accelerators that Nvidia makes.

Vertical industries — led by auto, financial services and healthcare — are now at a multibillion-dollar level. The year ahead will bring major new product cycles with exceptional innovations to help propel our industry forward. Conference Call and Webcast Information NVIDIA will conduct a conference call with analysts and investors to discuss its fourth quarter and fiscal financial results and current financial prospects today at 2 p. Pacific time 5 p. Eastern time. These reconciliations adjust the related GAAP financial measures to exclude acquisition termination costs, stock-based compensation expense, acquisition-related and other costs, IP-related costs, other, gains and losses from non-affiliated investments, interest expense related to amortization of debt discount, and the associated tax impact of these items where applicable. Free cash flow is calculated as GAAP net cash provided by operating activities less both purchases related to property and equipment and intangible assets and principal payments on property and equipment and intangible assets.

Nvidia conference call

To receive notifications via email, enter your email address and select at least one subscription below. After submitting your information, you will receive an email. You must click the link in the email to activate your subscription. You can sign up for additional subscriptions at any time. Investors and others should note that we announce material financial information to our investors using our investor relations website, press releases, SEC filings and public conference calls and webcasts. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these accounts and the blog, in addition to following our press releases, SEC filings and public conference calls and webcasts. This list may be updated from time to time. Skip to main content.

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B Stock-based compensation consists of the following:. Interest expense. Use limited data to select advertising. Investopedia requires writers to use primary sources to support their work. SEC Filing. News News. Investing Club. Change in cash, cash equivalents, and restricted cash. News News. All News. Nvidia said its data center revenue was hurt by recent U.

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Current liabilities:. Short-term debt. He explained that Nvidia AI enterprise is like "an operating system for artificial intelligence" that the company will charge customers per graphics processing unit GPU running the system. Other company and product names may be trademarks of the respective companies with which they are associated. Q2 FY GAAP operating income. January 28,. List of Partners vendors. Event Details. After Nvidia's NVDA fourth-quarter results for the fiscal year handily beat analysts' expectations, company executives, speaking on an earnings call, discussed artificial intelligence AI contributing to record-high data center revenue, its AI enterprise software opportunities, the company's expansive AI ecosystem and declining revenue in China. GAAP net income. Gross profit.

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