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CLAIM #46805 · NVIDIA Corporation (NVDA) · 2024Q1 earnings call · May 24, 2023 · due Jan 31, 2024

We are significantly increasing our supply to meet the surging demand.

Jensen Huang · CEO

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versus commitment · official band 5 percent
Committed
We are significantly increasing our supply to meet the surging demand.
Reported
We are delighted that supply of Hopper architecture products is improving.

In context

marketing teams, their leadership team is really quite spectacular. It works great. Operator: Thank you. I'll now turn it back over to Jensen Huang for closing remarks. Jensen Huang: The computer industry is going through two simultaneous transitions, accelerated computing and generative AI. CPU scaling has slowed, yet computing demand is strong and now with generative AI supercharged. Accelerated computing, a full stack and data center scale approach that NVIDIA pioneered is the best path forward. There is $1 trillion installed in the global data center infrastructure, based on the general-purpose computing method of the last era. Companies are now racing to deploy accelerated computing for the generative AI era. Over the next decade, most of the world's data centers will be accelerated. We are significantly increasing our supply to meet the surging demand. Large language models can learn information encoded in many forms. Guided by large language models, generative AI models can generate amazing content and with models to fine-tune, guardrail, align to guiding principles and ground the facts, generative AI is emerging from labs and is on its way to industrial applications. As we scale with cloud and Internet service providers, we are also building platforms for the world's largest enterprises. Whether within one of our CSP partners or on-prem with Dell Helix, whether on a leading enterprise platform like ServiceNow and Adobe or a bespoke with NVIDIA AI Foundations, we can help enterprises leverage their domain expertise and data to harness generative AI securely and safely. We are ramping a wave of products in the coming quarters, including

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SEC filings for NVDA · Claim quote is verbatim from the 2024Q1 earnings call.