CLAIM #46766 · NVIDIA Corporation (NVDA) · 2023Q3 earnings call · Nov 16, 2022 · due Jul 31, 2023
“We are quickly adapting to the macro environment. Correcting inventory levels, offering alternative products to data center customers in China and keeping our opex flat for the next few quarters.”
Jensen Huang · CEO
In context
“about regarding two areas of supply. In our stock-based compensation, what we'll see, it's very difficult to predict what our stock-based compensation would be when it arrives. We have provided to our incoming employees but also once a year to our employees, and it's a single date in terms of when that is priced. So it's difficult to determine, but stock-based compensation is an important part of our employees' compensation and will continue to be. So we look at it from an overall compensation perspective. So up until now and when we do the focal, we'll see about the same size with a few additions for the reduced level of employee hiring that we have right now. Operator: Thank you. I will now turn the call back over to Jen-Hsun Huang for closing remarks. Jen-Hsun Huang: Thanks, everyone. We are quickly adapting to the macro environment. Correcting inventory levels, offering alternative products to data center customers in China and keeping our opex flat for the next few quarters. Our new platforms are off to a great start and formed the foundation for our resumed growth. MRTX is reinventing 3D graphics with ray tracing and AI. The launch of [Inaudible] is phenomenal. Gamers waited in long lines around the world, 4090 stocks sold out quickly. Hopper, with its revolutionary transformer engine is just in time to meet the surging demand for recommender systems, large language models and generative AI. NVIDIA networking is synonymous with the highest data center throughput and enjoying record results. Oren is the world's first computing platform designed for AI-powered autonomous vehicles and robotics and putting automotive on the road to be our next multibillion-dollar platform. These computing platforms run NVIDIA AI and NVIDIA Omniverse, software libraries and engin”
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SEC filings for NVDA ↗ · Claim quote is verbatim from the 2023Q3 earnings call.