“GAAP and non-GAAP tax rates are expected to be 17% plus or minus 1% excluding any discrete items.”

In context

“irst quarter. Total revenue is expected to be $43 billion. Plus or minus 2%. Continuing with its strong demand, we expect a significant ramp of Blackwell in Q1. We expect sequential growth. In both data center and gaming. Within data center, we expect sequential growth from both. Compute and networking. GAAP and non-GAAP gross margins are expected to be 70.6%. And 71% respectively. Plus or minus 50 basis points. GAAP and non-GAAP operating expenses are expected to be approximately $5.2 billion and $3.6 billion. We expect full year fiscal year 2026 operating expenses grow to grow to be in the mid-thirties. GAAP and non-GAAP other incoming expenses are expected to be an income of approximately $400 million. Excluding gains and losses, from non-marketable and publicly held equity securities. GAAP and non-GAAP tax rates are expected to be 17% plus or minus 1% excluding any discrete items. Further financial details are included in the CFO commentary and other information available on our IR website. Including a new financial information AI agent. In closing, let me highlight upcoming events for the financial community. We will be at the TD Cowen Healthcare Conference in Boston on March 3rd. And at the Morgan Stanley Technology, Media, and Telecom Conference in San Francisco. On March 5th. Please join us for our annual GTC conference starting Monday, March 17th, in San Jose, California. Jensen will deliver a news-packed keynote on March 18th, and we will host a Q&A session for our financial analysts. Next day, March 19th. We look forward to seeing you at these events. Our earnings call to discuss the results for our first quarter of fiscal 2026 is scheduled for May 28th, 202”