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

In context

“ected to be $65 billion plus or minus 2%. At the midpoint, our outlook implies 14% sequential growth driven by continued momentum in the Blackwell architecture. Consistent with last quarter, we are not assuming any data center compute revenue from China. GAAP and non GAAP gross margins are expected to be 74.875% respectively. Plus or minus 50 basis points. Looking ahead, to fiscal year twenty twenty-seven, input costs are on the rise but we are working to hold gross margins in the mid-seventies. Gap and non GAAP operating expenses are expected to be approximately $6.7 billion and $5 billion respectively. GAAP and non GAAP other income and expenses are expected to be an income of approximately $500 million, excluding gains and losses from non-marketable and publicly held equity securities. GAAP and non GAAP tax phase are expected to be 17%. Plus or minus 1% excluding any discrete items. At this time, let me turn the call over to Jensen. For him to say a few words. Jensen Huang: Thanks, Colette. There's been a lot of talk about an AI bubble. From our vantage point, we see something very different. As a reminder, NVIDIA Corporation is unlike any other accelerator. We excel at every phase of AI. From pre-training and post-training to inference. And with our two-decade in CUDA x acceleration libraries, we are also exceptional. At science and engineering simulations, computer graphics, structured data processing, to classical machine learning. The world is undergoing three massive platform shifts at once. The first time since the dawn of Moore's Law. NVIDIA Corporation is uniquely addressing each of the three transformations. The first transition is from CPU general-purpose c”