MAAT INDEX

CLAIM #46739 · NVIDIA Corporation (NVDA) · 2023Q3 earnings call · Nov 16, 2022 · due Jan 31, 2023

These dynamics are expected to continue in Q4.

Colette Kress · CFO

CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
These dynamics are expected to continue in Q4.
Reported
The total data center sequential revenue decline was driven by lower sales in China, which was largely in line with our expectations, reflecting COVID and other domestic issues.

In context

weekend sales. topping the combined box office openings of movie blockbusters, TopGun Maverick and Dr. Strains in the Multiverse of [Inaudible]. And this month's League of Legends World Championship in San Francisco sold out minutes with 18,000 esports fans packed the arena where the Golden State Warriors play. We continue to expand the GeForce NOW cloud gaming service. In Q3, we added over 85 games to the library, bringing the total to over 1,400. We also launched GeForce now on the new gaming devices, including Logitech, Cloud handheld, cloud gaming Chromebooks and Razor 5G Edge. Moving to Probi Revenue of $200 million was down 60% sequentially and down 65% from a year ago, reflecting lower sell-in to partners to help align channel inventory levels with the current demand expectations. These dynamics are expected to continue in Q4. Despite near-term challenges, we believe our long-term opportunity remains intact, fueled by AI simulation, computationally intensive design and engineering workloads. At GTC, we announced NVIDIA Omniverse Cloud Services, our first software and infrastructure as a service offering, enabling artists, developers and enterprise teams to design, publish and operate metaverse applications from anywhere on any device. Omniverse Cloud Services runs on Omniverse cloud computer, a computing system comprised of NVIDIA OBX for graphics and physics simulation. NVIDIA HDX for AI workloads and the NVIDIA graphics delivery network, a global scale, distributed data center network for delivering low-latency metaverse graphics on the edge. Leaders in some of the world's largest industries continue to adopt

Verify independently

SEC filings for NVDA · Claim quote is verbatim from the 2023Q3 earnings call.