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CLAIM #46732 · NVIDIA Corporation (NVDA) · 2023Q2 earnings call · Aug 24, 2022 · due Jan 31, 2023

We’ll get through this over the next few months and go into next year with our new architecture.

Jensen Huang · CEO

CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
We’ll get through this over the next few months and go into next year with our new architecture.
Reported
Sequential growth was driven by the strong reception of our 40 Series GeForce RTX GPUs based on the Ada Lovelace architecture.

In context

eForce these days. And they use their PC to create content, and much of that content goes into video games and/or they’re using video games to create their artistic content. And so the GeForce is not just for gaming for them. The GeForce is essentially their creative work station as well. And so there are several dynamics that are causing the ASP of GeForce to go up, and we’ve been seeing this trend for several years now. Operator: Thank you. I will now turn the call back over to Jensen for closing remarks. Jensen Huang: Thanks, everyone. We’re navigating our supply chain transitions in a challenging macro environment. In Gaming, our partners and ecosystem are responding to a sudden slowdown in consumer demand and correcting channel inventory. Still, the fundamentals of gaming are strong. We’ll get through this over the next few months and go into next year with our new architecture. I look forward to telling you more about it at GTC next month. In Data Center, AI where computers are helping us write software that was impossible before is driving a computing revolution and transforming every industry. NVIDIA’s leadership in full stack data center scale, accelerated computing has made us the ideal partner for companies racing to leverage the power of AI. Even with the current macroeconomic headwinds, demand for our data center products have never been stronger. The next wave of computing is coming. With AI and 3D graphics advances, developers will extend the Internet with virtual world overlays that connect to the physical world. This next evolution of the Internet is called metaverse. We created Omniverse to connect the digital and physical world and be an open platfo

Verify independently

SEC filings for NVDA · Claim quote is verbatim from the 2023Q2 earnings call.