#Cash flow 202 online software
#Cash flow 202 online plus

VMware to extend the companies’ strategic partnership to ready enterprises running VMware’s cloud infrastructure for the era of generative AI with VMware Private AI Foundation with NVIDIA.

ServiceNow and Accenture to develop AI Lighthouse, a first-of-its-kind program to fast-track the development and adoption of enterprise generative AI capabilities.

Partnered with a range of companies on AI initiatives, including:.

Launched general availability of cloud instances based on NVIDIA H100 Tensor Core GPUs with Amazon Web Services, Microsoft Azure and regional cloud service providers.

Joined with global system makers to announce new NVIDIA RTX™ workstations with up to four new NVIDIA RTX 6000 Ada GPUs, as well as NVIDIA AI Enterprise and NVIDIA Omniverse Enterprise software, expected to ship this quarter.

Announced NVIDIA Spectrum-X™, an accelerated networking platform designed to improve the performance and efficiency of Ethernet-based AI clouds, which is shipping this quarter.

Unveiled NVIDIA MGX™, a server reference design available this quarter that lets system makers quickly and cost-effectively build more than 100 server variations for AI, HPC and NVIDIA Omniverse™ applications.

Announced the NVIDIA L40S GPU - a universal data center processor designed to accelerate the most compute-intensive applications - available from leading server makers in a broad range of platforms, including NVIDIA OVX™ and NVIDIA AI-ready servers with NVIDIA BlueField® DPUs, beginning this quarter.

Announced that the NVIDIA® GH200 Grace™ Hopper™ Superchip for complex AI and HPC workloads is shipping this quarter, with a second-generation version with HBM3e memory expected to ship in Q2 of calendar 2024.

Second-quarter revenue was a record $10.32 billion, up 141% from the previous quarter and up 171% from a year ago.

NVIDIA achieved progress since its previous earnings announcement in these areas:

#Cash flow 202 online plus

GAAP and non-GAAP tax rates are expected to be 14.5%, plus or minus 1%, excluding any discrete items.

GAAP and non-GAAP other income and expense are expected to be an income of approximately $100 million, excluding gains and losses from non-affiliated investments.

GAAP and non-GAAP operating expenses are expected to be approximately $2.95 billion and $2.00 billion, respectively.

GAAP and non-GAAP gross margins are expected to be 71.5% and 72.5%, respectively, plus or minus 50 basis points.

Revenue is expected to be $16.00 billion, plus or minus 2%.NVIDIA’s outlook for the third quarter of fiscal 2024 is as follows: NVIDIA will pay its next quarterly cash dividend of $0.04 per share on September 28, 2023, to all shareholders of record on September 7, 2023. NVIDIA plans to continue share repurchases this fiscal year. On August 21, 2023, the Board of Directors approved an additional $25.00 billion in share repurchases, without expiration. As of the end of the second quarter, the company had $3.95 billion remaining under its share repurchase authorization. The race is on to adopt generative AI,” he said.ĭuring the second quarter of fiscal 2024, NVIDIA returned $3.38 billion to shareholders in the form of 7.5 million shares repurchased for $3.28 billion, and cash dividends.

#Cash flow 202 online software

Leading enterprise IT system and software providers announced partnerships to bring NVIDIA AI to every industry. “During the quarter, major cloud service providers announced massive NVIDIA H100 AI infrastructures. “NVIDIA GPUs connected by our Mellanox networking and switch technologies and running our CUDA AI software stack make up the computing infrastructure of generative AI. Companies worldwide are transitioning from general-purpose to accelerated computing and generative AI,” said Jensen Huang, founder and CEO of NVIDIA. Non-GAAP earnings per diluted share were $2.70, up 429% from a year ago and up 148% from the previous quarter.

GAAP earnings per diluted share for the quarter were $2.48, up 854% from a year ago and up 202% from the previous quarter. NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 30, 2023, of $13.51 billion, up 101% from a year ago and up 88% from the previous quarter.

Record Data Center revenue of $10.32 billion, up 141% from Q1, up 171% from year ago.Record revenue of $13.51 billion, up 88% from Q1, up 101% from year ago.