Since launching in the fall of 2020, the RTX 30 Series has been our best gaming product cycle ever. Revenue of $3.6 billion, rose 6% sequentially and 31% year-on-year, powered by the GeForce RTX 30 Series product cycle.
Data Center has become our largest market platform and we see continued strong momentum going forward. Total revenue of $8.3 billion was a record, up 8% sequentially and up 46% year-on-year. We delivered a strong quarter, driven by record revenue in both Data Center and Gaming with strong fundamentals and execution against a challenging macro backdrop. With that, let me turn the call over to Colette. You can find a reconciliation of these non-GAAP financial measures to GAAP financial measures in our CFO commentary, which is posted on our website. Except as required by law, we assume no obligation to update any such statements.ĭuring this call we will discuss non-GAAP financial measures. All our statements are made as of today, based on information currently available to us. For a discussion of factors that could affect our future financial results and business, please refer to the disclosure in today’s earnings release, our most recent Forms 10-K and 10-Q and the reports that we may file on Form 8-K with the Securities and Exchange Commission. These are subject to a number of significant risks and uncertainties and our actual results may differ materially.
It can’t be reproduced or transcribed without our prior written consent.ĭuring this call we may make forward-looking statements based on current expectations. The content of today’s call is NVIDIA’s property. The webcast will be available for replay until the conference call to discuss our financial results for the second quarter of fiscal 2023. I’d like to remind you that our call is being webcast live on NVIDIA’s Investor Relations website. With me today from NVIDIA are Jensen Huang, President and Chief Executive Officer Colette Kress, Executive Vice President and Chief Financial Officer.
Good afternoon everyone and welcome to NVIDIA’s conference call for the first quarter of fiscal 2023. Simona Jankowski, you may begin your conference. After the speakers’ remarks, there will be a question-and-answer session. All lines have been placed on mute to prevent any background noise. At this time, I’d like to welcome everyone to NVIDIA’s First Quarter Earnings Call. My name is David and I’ll be your conference operator today.
Stacy Rasgon - Bernstein Research - AnalystĪaron Rakers - Wells Fargo - Analyst Presentation: Matt Ramsay - Cowen and Company - Analyst Jensen Huang - Founder, President and CEO Analysts: 25, 2022 Corporate Participants:Ĭolette Kress - EVP and Chief Financial Officer NVIDIA Corporation ( NASDAQ: NVDA) Q1 2023 earnings call dated May.
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