CLAIM #46826 · NVIDIA Corporation (NVDA) · 2024Q2 earnings call · Aug 23, 2023 · due Jul 31, 2024
“So we're off to a great start, and I do believe we'll see this continue to grow going forward.”
Colette Kress · CFO
In context
“tware revenue. In part of our opening remarks that we made as well, remember, software is a part of almost all of our products, whether they're our Data Center products, GPU systems or any of our products within gaming and our future automotive products. You're correct, we're also selling it in a standalone business. And that stand-alone software continues to grow where we are providing both the software services, upgrades across there as well. Now we're seeing, at this point, probably hundreds of millions of dollars annually for our software business, and we are looking at NVIDIA AI enterprise to be included with many of the products that we're selling, such as our DGX, such as our PCIe versions of our H100. And I think we're going to see more availability even with our CSP marketplaces. So we're off to a great start, and I do believe we'll see this continue to grow going forward. Operator: And that does conclude today's question-and-answer session. I'll turn the call back over to Jensen Huang for any additional or closing remarks. Jensen Huang: A new computing era has begun. The industry is simultaneously going through 2 platform transitions, accelerated computing and generative AI. Data centers are making a platform shift from general purpose to accelerated computing. The $1 trillion of global data centers will transition to accelerated computing to achieve an order of magnitude better performance, energy efficiency and cost. Accelerated computing enabled generative AI, which is now driving a platform shift in software and enabling new, never-before possible applications. Together, accelerated computing and generative AI are driving a broad-based computer industr”
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SEC filings for NVDA ↗ · Claim quote is verbatim from the 2024Q2 earnings call.