CLAIM #46694 · NVIDIA Corporation (NVDA) · 2023Q1 earnings call · May 25, 2022 · due Jan 31, 2023
“We're expecting it to increase in Q2 and increase in Q3 and Q4.”
Jensen Huang · CEO
In context
“d to automate a lot of the predictive things that they have to do and do it quickly. And so I think the trend that you hear other people are experiencing about machine learning, data analytics, data driven insights, artificial intelligence. However, it's described, it's all exactly the same thing. And it's sweeping just about every industry and every company. Our networking business is also highly supply constrained. Our demand is really, really high. And it requires a lot of components aside from just our chips. Components and transceivers and connectors and cables. And just -- it's a really -- it's a complicated system, the network, and there are many physical components. And so the supply chain has been problematic. We're doing our best and our supply has been increasing from Q4 to Q1. We're expecting it to increase in Q2 and increase in Q3 and Q4. And so we're really, really grateful for the support from the component industry around us, and we'll be able to increase that. With respect to software, there are two, well, first of all, there are all kinds of machine learning models, computer vision, speech AI, natural language understanding, all kinds of robotics applications, the most -- probably the largest, the most visible one is self-driving cars, which is essentially a robotic AI. And then recently, this incredible breakthrough from an AI model called Transformers that has led to really, really significant advances in natural language understanding. And so they're all these different types of models. There are thousands and thousands of species of AI models and used in all these different industries. One of my favorite, I'll jus”
Verify independently
SEC filings for NVDA ↗ · Claim quote is verbatim from the 2023Q1 earnings call.