“GAAP and non-GAAP other income and expenses are expected to be an income of $450 million, excluding gains and losses from non-marketable and publicly held equity securities.”

In context

“uential growth across all of our platforms. In the data center, we anticipate the continued ramp of Blackwell to be partially offset by a decline in China revenue. Note, our outlook reflects a loss in H20 revenue of approximately $8 billion for the second quarter. GAAP and non-GAAP gross margins are expected to be 71.8% and 72% respectively, plus or minus 50 basis points. We expect better Blackwell profitability to drive modest sequential improvement in gross margins. We are continuing to work towards achieving gross margins in the mid-seventies range late this year. GAAP and non-GAAP operating expenses are expected to be approximately $5.7 billion and $4 billion, respectively. We continue to expect full-year fiscal year 2026 operating expense growth to be in the mid-thirty percent range. GAAP and non-GAAP other income and expenses are expected to be an income of $450 million, excluding gains and losses from non-marketable and publicly held equity securities. GAAP and non-GAAP tax rates are expected to be 16.5%, 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. Let me highlight upcoming events for the financial community. We will be at the B of A Global Technology Conference in San Francisco on June 4, the Rosenblatt Virtual AI Summit, and the Aztec Investor Conference in London on June 10, and GTC Paris at Viva Tech on June 11 in Paris. We look forward to seeing you at these events. Our earnings call to discuss the results of our second quarter of fiscal 2026 is scheduled for August 27. Well, now let me turn it over to Jensen to make some remarks. Jensen Huang: Thanks, Colette. We've had”