“We expect supply to improve each and every quarter going forward.”

In context

“uct line consists of GPUs and mix, Bluefield DPUs, Quantum and spectrum switches, HGX, if you will, system component, meaning that the entire motherboard or the entire GPU board is delivered in combination because it's so complicated. And so we have products that span a broad reach of use cases for data centers from training of AI models to inferencing at very large scale, to universal GPUs for public cloud, industry standard servers, commodity servers for enterprise use and supercomputing systems that use InfiniBand and quantum switches. And so the application space is quite broad. We saw demand constrained pretty much across the entire range. Our operations team did a fantastic job this year, both in executing in all of these complicated products, but also in expanding our supply base. We expect supply to improve each and every quarter going forward. And this quarter, this coming quarter, the Q1 -- the April quarter is, based on guidance that Colette just made, is consistent with an increasing supply base. We expect to still be demand constrained, but our supply base is going to increase this quarter, this next quarter and pretty substantially in the second half. Operator: Next, we'll go to Joe Moore with Morgan Stanley. Joe Moore: Great. Thank you. I wonder if you could talk a little bit more about Grace now that the strategy kind of separated from the acquisition of Arm. The -- what are your aspirations there? Is it going to be primarily oriented to the DGX and HX Systems business versus merchant chips? Just how are you thinking about that opportunity long-term? Jensen Huang: Yes. Thanks, Joe. We have a multiple-arm projects ongoing”