Nvidia Corporation · NASDAQ:NVDA
Nvidia — Investor Day (March 2022)
82 slides from Nvidia's investor day presentation, Mar 22, 2022
Slide 1: NVIDIA
GA NVIDIA
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Except for the historical information contained herein, certain matters in this presentation including, but not limited to, statements as to: the performance, specifications, benefits, impact, and availability of our products and technologies; our market and growth opportu
Slide 3: Welcome to NVIDIA Investor Day 2022
WELCOME TO NVI Simona Jankowski Jensen Huang Manuvir Das lan Buck Ali Kani Rev Lebaredian & Richard Kerris Jeff Fisher Colette Kress Jensen Huang & Colette Kress DIA INVESTOR DAY 2022 Welcome GTC Highlights & Strategy Enterprise Computing Hyperscale Computing Automotive Omniverse Gaming Financials Q
Slide 4: Jensen Huang, Founder & CEO
Jensen Huang | Founder & CEO, NVIDIA NVIDIA INVESTOR DAY 2022
Slide 5: Platform
PLATFORM SYSTEM SOFTWARE HARDWARE > as NVIDIA AL RTX g On PHYSX (ss ) hee aa AERIAL NVIDIA OMNIVERSE SWITCH soc
Slide 6: 60+ SDKs
60+ SDKs Open New Markets NVIDIA Al and Omniverse Licensable Software H100 Engine of World's Al Infrastructure NVLink C2C Semi-Custom Platform Grace CPU Superchip Opens CPU Markets Spectrum-4 400G Platform Omniverse for Next Wave of Al Robotics The Next Autonomous Market
Slide 7: Giant Wave of New Products
GIANT WAVE OF NEW PRODUCTS
Slide 8: H100: World's Most Advanced Chip
7 as - WORLD'S MOST TRANSFORMER 2N9 GENERATION CONFIDENTIAL 41" GENERATION DPX ADVANCED CHIP. ENGINE MULTI-INSTANCE GPU COMPUTING NVLINK INSTRUCTIONS, 80 Billion Transistors 6X Transformer Performance ‘7X Secure Tenants Secure Data and Al Models In-Use 7% PCle Gend ‘7% Dynamic Programming Performanc
Slide 9: Grace CPU Superchip
Superchips Connected by NVLink €2C > / 144 CPU Core: ANNOUNCING GRACE CPU SUPERCHIP. 1 TB/s LPDDRSX with ECC 396MB On-Chip Cache SPECrate®2017_int_base Over 740 (est.]
Slide 10: Customer IP
CUSTOMER IP
Slide 11: Spectrum-4 Ethernet Switch
100 Billion Transistors - TSMC 4N Process SPECTRUM-4 4006 51.2T Bandwidth | 12.8T Line Rate Crypto | 100G SerDes ETHERNET SWITCH 128 Ports of 400GbE 4X Higher Switching Throughput 40% Network Power Savings
Slide 12: Omniverse
OMNIVERSE on OVX DEEPMAP: NVIDIA DRIVE DRIVE AV on ORIN @ NVIDIA Al on DGX
Slide 13: Omniverse Digital Twin
Slide 14: 60+ SDKs
60+ SDKs Open New Markets NVIDIA Al and Omniverse Licensable Software H100 Engine of World's Al Infrastructure NVLink C2C Semi-Custom Platform Grace CPU Superchip Opens CPU Markets Spectrum-4 400G Platform Omniverse for Next Wave of Al Robotics The Next Autonomous Market
Slide 15: ala al al a La a al
ala al al a La a al eo e¢ @ : eo @ @ ecccece eocccce eee co
Slide 16: Manuvir Das, VP Enterprise Computing
Manuvir Das | VP, Enterprise Computing NVIDIA INVESTOR DAY 2022
Slide 17: AI Occurs Everywhere
Al OCCURS NVIDIA DATA CENTER THE WORLD IS INDUSTRY LEADERS EVERYWHERE GROWTH BUILDING ON NVIDIA RELY ON NVIDIA coe ee FE stazerecso QO = & 3,000,000 _< Deven Dominos @ GE Healthcare DATA CENTERS 10,000 ed @® tung NVIDIA Inception Startups st m at oO $5B ®Meta @ pepsico EDGE 1,300 &S> @shen NVIDIA Pa
Slide 18: Large Opportunities for AI
$3,700B $250B Financial Services oye Manufacturing Ba Ss =< TRADITIONAL COMPANY IT SPEND Healthcare Retail USE CASES ACROSS LEADING INDUSTRIES... Logistics Transportation ~ GES AI-DRIVEN COMPANY IT SPEND .. LARGE OPPORTUNITIES FOR Al Financial Services $10T Manufacturing $35T Healthcare Logistics $8
Slide 19: NVIDIA Provides the Full Stack of AI
Slide 20: NVIDIA-Certified Systems
@Qnvipia. CERTIFIED / 170+ Systems 30+ Partners Al INFRASTRUCTURE ow kh & oe Cloud HGX EGX AGX GPU opU salah Atos DeALiechnoioges Fujitsu GIGABYTE™ dn, DeLLeMC Finetay AWS Google Cloud HE Microsoft Azure au a i | ° oe fer = @_—nspur eno newrnrn Qrunesomce = vast WNweKa
Slide 21: AI Infrastructure
rd > Al INFRASTRUCTURE coc m= Ss & _ opU Enabling Accelerated Bare Metal Servers Leading Cloud Service Provider Evolving Networking Appliances to Software defined, Hardware-accelerated Services. Software-Defined Application Firewall Offloading, Isolating, and Accelerating Leading Security Solution P
Slide 22: NVIDIA Provides the Full Stack of AI
Slide 23: NVIDIA Provides the Full Stack of AI
Slide 24: AI Infrastructure
= INE RIVA Al INFRASTRUCTURE os & B COC wm & Cloud Gx HGX EGX AGK GPU PU cpu
Slide 25: Edge AI Partners
Source: CIA, $i Edge Al Partners 1,000+ = O a aad TAO 3.0 (Ws NVIDIA EDGE Al ECOSYSTEM GROWTH TAO Next DeepStream Next Fleet Command Next Aerial on 5G 60 Pre-Trained Models DeepStream 6.0 Loy Multi-Camera Tracking —— Tao 10 heral Avon aG mewshotlsstning 1 Oe ——_DeepStream 4.0 LaunchPad a ean 1 Pre-T
Slide 26: Go-to-Market
GO-TO-MARKET PARTNERS CLOUDERA Dé LLTechnologes Deloitte. MINetApp vmwere’ 1,300+ NPN Partners (OEM, VAR, SI] NVIDIA-CERTIFIED SYSTEMS AVAILABLE EVERYWHERE SANVvIDIA. CERTIFIED / 170+ 30+ Systems Partners NEW NVIDIA Al ACCELERATED PROGRAM SINVIDIA. Al ACCELERATED 100+ Members at Launch
Slide 27: Enterprise Software Opportunity
GAMING $100B NVIDIA Al ENTERPRISE $150B OMNIVERSE ENTERPRISE SOFTWARE $150B AUTOMOTIVE $300B 50M Enterprise Server Installed Base Platform Al Software Per-Server, Per-Year Subscription Pricing Source: 650 Gp, Dell'Oro, NewZo0, ABI Research, industry data and NVIDIA internal eft
Slide 28: Ian Buck, VP Hyperscale Computing
lan Buck | VP, Hyperscale Computing NVIDIA INVESTOR DAY 2022
Slide 29: Cloud Computing, Consumer Internet, E-Commerce
CLOUD COMPUTING CONSUMER INTERNET E-COMMERCE 35M 100% $7.4T Server Installed Base by 2025 Adopting Al Worldwide Sales by 2025 val * ~ C)Alibaba Cloud amazon aws {% BAIDU AICLOUD ebay Google Cloud sp.com OOMeta Beate = ORACLE Cloud =P PayPal () GR WY Drencent Cloud Walmart >1<
Slide 30: Accelerating Adoption
ACCELERATING ADOPTION WITH EVERY ARCHITECTURE Hyperscale Revenue P100 vioo A100 DELIVERING 10X FOR THE MOST IMPORTANT Al APPLICATIONS PLATFORM FOR INVENTION
Slide 31: Accelerating Compute Complexity
| ‘Training Compute [petaFLOPS) ACCELERATING COMPUTE COMPLEXITY Computational Requirements for Training Transformers oan. c08 Megatron Turing NLS 520 10m 009203 toanooon 01000 Inception’ 100000 uae. Resnet_—~ ° Seqaseq® oS Transtormer ano mea ResNex! “Wee19 ge ELMO © Atewnet EXPANDING INTO EVERY USE
Slide 32: NVIDIA Merlin for Hyperscale Recommender Systems
NVIDIA MERLIN FOR HYPERSCALE RECOMMENDER SYSTEMS -H A TXT a5 o-f ee : as ; a3 ai Se IX] 25 [i 23 Bx i TEN Bs ( ) BILLIONS OF USERS | TRILLIONS OF ITEMS
Slide 33: Inference Is Hard
INFERENCE IS HARD Need for Optimized Al Infrastructure @ Model Real-Time Complexity Requirements r ! laa =| 1 >>: >> fy ‘>> ! ! =! High Many Throughput Use Cases INFERENCE PLATFORM LEADERSHIP. End-to-End Acceleration TRITON INFERENCE SERVER & & 8 omg 2 PAI-EAS @ @ @ Container Container Kubernetes _K
Slide 34: Built for Giant-Scale AI; The CPU for AI
BUILT FOR GIANT-SCALE THE CPU FOR Al AI AND HPC INFRASTRUCTURE GRACE HOPPER SUPERCHIP GRACE CPU SUPERCHIP Coherent CPU+GPU Module High Performance CPU for HPC and Al 592GB Memory GPU for Giant Models | New 900 GB/s Coherent Interface 144 Cores | 740 SPECrate®2017_int_base est 30X Higher System Memor
Slide 35: Spectrum-4, Quantum-2, Converged NVLink
© © - ‘SPECTRUM-4 QUANTUM-2 CONVERGED NVLINK — H00+Cx7 NETWORK el) =" ‘@ GRACE HOPPER GRACE CPU SUPERCHIP SUPERCHIP AVE
Slide 36: Custom SoC, Grace Hopper, Grace CPU Superchip
custowsoc = i GRACE HOPPER GRACE CPU Ee gel SUPERCHIP SUPERCHIP
Slide 37: Data Center Scale Innovation
DATA CENTER SCALE INNOVATION NVIDIA Al OMNIVERSE ENTERPRISE ENTERPRISE SOFTWARE SOFTWARE $150B $150B (OAVIIN) AUTOMOTIVE $100B $300B CHIPS & SYSTEMS 9 Million Hyperscale Server Each Year CPUs, GPUs, DPUs, NICs, Switches | Source: 651 Dell'Oro, NewZoo, ABI Research, industry data and NVIDIA internal
Slide 38: Ali Kani, VP Automotive
Ali Kani | VP, Automotive NVIDIA INVESTOR DAY 2022
Slide 39: Passenger and Commercial Vehicle Opportunity
1B 10% — 50% 120M Passenger + Commercial Vehicle Vehicles L2/L3 # of Rideshare Vehicles Installed Base Penetration by 2030 by 2030 8% + 50% $12K 10X Compute Passenger EV Large and Growing FSD Image Processing Increase Penetration by 2035 Value Per Vehicle 1.5 MP Today —> 15MP 2030 = | Source: IHS Ma
Slide 40: NVIDIA DRIVE Full Stack Autonomous Driving Platform
no = = DRIVE Chauffeur DRIVE Mapping | DRIVE Concierge DRIVE Replicator DRIVE Sim OV | DRIVEWORKS ACCELERATION LIBRARIES Sensor Abstraction DNN Framework TE Recorder Calibration Ego Motion DRIVE 0S NVMedia CUDA TensorRT NVStreams Developer Tools DRIVE AGX ORIN DRIVE Hyperion DGx DRIVE Constellation
Slide 41: Data Labeling and Application Development
Data Labeling / Processing Validation DRIVE Concierge Parking NCAP DRIVE Chauffeur Application Development
Slide 42: End-to-End Full-Stack AV
END-TO-END FULL-STACK AV NVIDIA Al OMNIVERSE as ENTERPRISE ENTERPRISE > SOFTWARE SOFTWARE $150B $150B ola (OAVIIN) | 100B $ l =(] i CHIPS & SYSTEMS = x \ z = $300B 7 100 AV Companies | 100 Million AV Cars, Trucks, Shuttles, Robotaxis Alon DGX, Drive Map and Omniverse on OVX, AV on Orin [— ae : Sourc
Slide 43: Passenger EV, Trucking, Robotaxi
20 of 30 Passenger EV 7 of 10 Trucking 8 of 10 Robotaxi 30 of 30 AV Data Center
Slide 44: Tier 1s: Strong Partnership / Ecosystem
TIER 1s STRONG PARTNERSHIP / ECOSYSTEM SENSORS Gatinentals S (6)HESAI INN@VIZ LUMINAR = @ oMNIvIsION onsemi. SONY Velodyne Lidar SOFTWARE & ww JUNGO A\momenta —ottopia cerence SQoxvotica PHanroma “® Plus poy Oem Osrewus0n Sounditound STALL eye TomTome ‘tu|simple vay nde zenseact <{ vayyar (o) Vision
Slide 45: $11B Design Win Pipeline
OEM | NEV | TRUCKING | ROBOTAXI $11B DESIGN WIN PIPELINE JAGUAR <ROVER, ¢ ) voLuvo vorve —b Polestar So eS 52D Guvunoavi cruise im autox: ny. tulsimple navistaR ——~ °* Zoox WA Liduto QNIo V, por FAR Auto >< PENG vinsr FAEess Ovidi ice Wemeark Plus 6 Year Horizon
Slide 46: Rev Lebaredian & Richard Kerris, Omniverse
Rev Lebaredian | VP, Omniverse & Simulation Technology Richard Kerris | VP, Omniverse Developer Platform NVIDIA INVESTOR DAY 2022
Slide 47: Virtual Worlds Are Essential for the Next Era of AI
? 2000, Sep, 10 VIRTUAL WORLDS ARE ESSENTIAL FOR THE NEXT ERA OF Al
Slide 48: RTX Technology, Universal Scene Description
RTX TECHNOLOGY DATA CENTER SCALE GPU COMPUTING UNIVERSAL SCENE DESCRIPTION Al REVOLUTION
Slide 49: Product Development, Operate, Digital Twin
PRODUCT DEVELOPMENT OPERATE DIGITAL TWIN Connecting 3D Creators & Al Assistants in Virtual Worlds Connecting Robots in a Virtual World Factory Digital Twin Factory CAD Digital Human Training Robot CAD ath Traci te Robot Gym
Slide 50: Supercharging a Huge Ecosystem
3" PARTY DEVELOPERS 25M Developers Worldwide ARTISTS & DESIGNERS 45 Million Creators Worldwide SUPERCHARGING A HUGE ECOSYSTEM ENTERPRISES
Slide 51: 10X Growth, Leading ISV Network
160,000 140,000 120,000 100,000 80,000 60,000 40,000 20,000 0 10X GROWTH DOWNLOADS Gl =P CH A Teshy 2021 2021 2021 2021 LEADING ISV NETWORK NV Adobe ADbiender Bentley fay @esri = #4 AUTODESK cgtrader G GRAPHISOFT «= A MAXON Orr Sptc rixar SS. Rhinoceros StsideFx’ SAME © Sketchfab Trimble. Sirireceat
Slide 52: Global Go-to-Market
GLOBAL GO-TO-MARKET Empowering Entire Pro Viz Ecosystem 65+ Partners Worldwide 30 Demo Labs BOX De@LLTechnologies @ ae (== BUILDING ON ASTRONG PRO VIZ FOUNDATION Introducing a New Era of Visualization and Simulation to 45 M Pro Viz User Base ALSTOM = GAvid =... HONDA, LIONSGATE wags Mortenson Q m. @
Slide 53: Omniverse Runs on RTX
REAL TIME DESIGN COLLABORATION & SIMULATION DIGITAL TWIN SIMULATION CONSUMER ENTERPRISE ENTERPRISE sar vg nvioia NVIDIA-CERTIFIED NVIDIA-CERTIFIED LAPTOPS & WORKSTATIONS. WORKSTATIONS SERVERS NVIDIA OVX NVIDIA OMNIVERSE RUNS ON RTX From GeForce RTX Studio Laptop to NVIDIA-Certified Servers
Slide 54: Omniverse Enterprise Opportunity
GAMING $100B NVIDIA Al ENTERPRISE SOFTWARE $150B CHIPS & SYSTEMS $3008 OMNIVERSE ENTERPRISE SOFTWARE $150B AUTOMOTIVE $300B NEXT WAVE OF Al Over 45 Million Professional Designers & Creators Per-User, Per-Year Subscription 10s of Millions of Factory, Warehouse, Fulfillment Center Digital Twins $Thous
Slide 55: Jeff Fisher, SVP Gaming
Jeff Fisher | SVP, Gaming NVIDIA INVESTOR DAY 2022
Slide 56: New Generation, More Gamers
NEW GENERATION, MORE GAMERS OVER 3 BILLION GAMERS MORE THAN JUST GAMING 80% of Gen Z is Gaming 50M New PC Gamers Every Year 80M Creators and Broadcasters 17% ois 2021 24 M $ 2 9 B 60% Twitch YouTube Ad 2017 Channels Revenue 42% 2X in 2 Years 2X in 2 Years mPCG Total 6 1 4 M M 1 qT | fi armel) ictal’
Slide 57: RTX Architecture
RIX Architecture NVIDIA Studio DLSS NVIDIA Reflex Game Ready Drivers NVIDIA Broadcast a GEFORCE ‘ Now Accelerated Al L-@ } ee
Slide 58: 250+ RTX Games & Apps
Source: Valve, NVIDIA 250+ RTX GAMES & APPS ar li 0 2a SPRoPearkr SR SAD mr wee scale om Jan-16 Jan-17 Jan-18 Jan-19. Jan-20 Jan-21 Jan-22 RECORD REVENUE | 25% 5YR CAGR $11.4B 5YR CAGR INSP (8% $3.88 Units 11% mata tyes Gaming GPU INSTALLED BASE UPGRADING GeForce GeForce GTX RTX 1% 29% GeForce DT Ga
Slide 59: Max-Q Gen: Record Growth
Source: Gartner SIDIA MAX-Q 41 GEN Al Based - Thinner & Lighter Battery Boost RECORD GROWTH 34% SYR CAGR 5YR CAGR INSP (8% Units 19% FYIT FY22 Gaming LT GPU GAMING SHARE OF MARKET CONTINUES TO GROW 25% 20% 15% 10% 5% 0% 2017-2018 = 2019) 2020 2021 Note: GeForce4aptop gaming GPU shipments compared to
Slide 60: NVIDIA Studio
NVIDIA STUDIO RTX Accelerated Platform for Creators Pr Ps #1 Video App #1 Photo App ‘S) OBS ADblender #1 Broadcast App #1 3D App EXPANDING OPPORTUNITY WITH CREATORS EVERYONE CREATES LIKE A PRO WITH NVIDIA RIX Al a iJ f 4 AOS of he a“ oe + image 2” 1 Estimation Material Al NVIDIA Canvas NVIDIA Broadc
Slide 61: GeForce NOW
| Sonera: “Apple GEFORCE NOW 1200+ Games, 15M Users, 80 Countries 1B Underpowered PC/Chromebooks | 1B iOS/Mac | 4B Android Mobile/TV GEFORCE NOW PARTNERS BABYA AT&T 5G aw GAMEF @LG @.LGu* @ PENTANeT SAMSUNG = SoftBank Ks STARHUB @ sxx 39 PARTY CLOUD GAMING PLATFORM
Slide 62: GeForce NOW
Source: Gartner hople ee GEFORCE NOW RTX PC in the Cloud for Creators 1B Underpowered PC/Chromebooks | 1B iOS/Mac | 4B Android Mobile/TV GEFORCE NOW PARTNERS BABYA AT&T 5G aw GAMEF @LG @.LGu* @ PeENTANeT SAMSUNG = SoftBank Ks STARHUB @ sxx 389 PARTY CLOUD GAMING PLATFORM
Slide 63: Virtual Worlds Will Be Built by Gamers and Creators
VIRTUAL WORLDS WILL BE ... AND WE ARE JUST BEGINNING BUILT BY GAMERS AND CREATORS Virtual 1,000- World 4 10,000X Simulation 8K VR i Path Traced 50X 120FPS
Slide 64: Gaming Is More Than Games
GAMING IS MORE THAN GAMES NVIDIA Al OMNIVERSE ENTERPRISE ENTERPRISE SOFTWARE SOFTWARE $150B $150B AUTOMOTIVE $300B CHIPS & SYSTEMS $3008 3 Billion Gamers & Creators — PC | Cloud | Console ; | aaa Source: 650 GraGp, Dell'Oro, NewZoo, ABI Research, industry data and NVIDIA internal data
Slide 65: Colette Kress, EVP & CFO
Colette Kress | EVP & CFO NVIDIA INVESTOR DAY 2022
Slide 66: Revenue
REVENUE $26.9B 61% $16.7B GROSS MARGIN 66.8% 120 bps 65.6% OPERATING INCOME $12.7B 87% $6.8B EPS) $4.44 78% $2.50 FY 2021 FY 2022 FY 2021 FY 2022 FY 2021 FY 2022 FY 2021 FY 2022 Diluted EPS rpéctsa four-for-one stock split effective July 2021 Note: Gross MargiaOperating Income and Diluted EPS shown
Slide 67: Gaming Revenue
$5.5B GAMING REVENUE 23% CAGR (FY 2018 - FY 2022) $12.5B 61% $7.8B $6.2B ; $5.5B FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 GROWTH DRIVERS GAMING MORE THAN EVERY WAY TO PLAY GAMES PC and Laptops 3B+ Gamers, Creators GFN Service eSports, & Broadcasters 34 Party Cloud Gaming Consoles RTX UPGRADE CYCLE NO
Slide 68: Data Center Revenue
DATA CENTER REVENUE 53% CAGR (FY 2018 - FY 2022) $10.68 58% $6.7B $2.9B $3.0B FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 GROWTH DRIVERS DATA CENTER THREE CHIP. FULL STACK Al SCALE INNOVATION STRATEGY Hardware, System Compute to Hopper Software, Platform Networking Grace Software, and Al Bluefield TRILL
Slide 69: Professional Visualization Revenue
PROFESSIONAL VISUALIZATION REVENUE 23% CAGR (FY 2018 - FY 2022) $2.1B 100% $1.2B : : : : FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 GROWTH DRIVERS RTX AND Al OMNIVERSE Ray Tracing and Al Connecting Artists and Al Revolutionizing Design Assistants in Virtual Worlds HYBRID WORK RTX ENVIRONMENT UPGRADE CY
Slide 70: $11B Design Win Pipeline
$11B DESIGN WIN PIPELINE OEM NEV = LiAuto QNIO >< PENG TRUCKING ROBOTAXI ~® Plus ‘tujsimple cruise (DiDi GROWTH DRIVERS ORIN SOC DRIVE SOFTWARE Production Mercedes Benz FY 2025 Ramp FY 2023 Jaguar Land Rover FY 2026 NVIDIA DRIVE OPEN END-TO-END FULL STACK ECOSYSTEM AV PLATFORM NVIDIA DRIVE Map Stron
Slide 71: Expanding Business Model
EXPANDING BUSINESS MODEL STRATEGIC IMPACT Standalone Leveraging Building on Catalyst for Licenses and Existing GTM CUDA Gross Margin Subscription Channels Foundation Expansion Enterprise Software KEY OPPORTUNITIES Sites eit Systems and Software Software ALENTERPRISE OMNIVERSE ENTERPRISE NVIDIA SOFTW
Slide 72: Single Platform
ddddddidda ai eo e¢ @ \ eo @ @ \ ecccece \ Snr 0 Sef a. NewZo AB ese nny clans NMA era tah
Slide 73: Research & Development, Capital Expenditure, Acquisitions
RESEARCH & DEVELOPMENT ($29B Cumulative Since FY 2000) 24% Annual CAGR CAPITAL EXPENDITURE ($5B Cumulative Since FY 2010) 24% Annual CAGR FY 2000 FY 2022 FY 2010 FY 2022 ACQUISITIONS (Since FY 2020} Mellanox: TECHNOLOGIES 238 Bright co 5 CUMULUS # DEEPMAP) = Excelero oO i > swiftstack
Slide 74: Operating Income and Margin
| SINGLE PLATFORM OPERATING OPERATING INCOME INCOME MARGIN $12.78 47.2% Lal la al al i tl 135% 00s @ @ @ 37.2% ee @ eoccce - ©000000 eee 00 FY 2018 FY 2022 FY 2018 FY 2022 Note: a A Operating Income Margin shown are Non-GAAP measures
Slide 75: Free Cash Flow and Capital Allocation
FREE CASH FLOW 29% CAGR +2.8x $8.0B 4.7B $4.3B s L i ; : FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 CAPITAL ALLOCATION SHARE REPURCHASE Resumed Buybacks in Q1 FY 2023 $5.2B Remaining Authorization Through Dec. 2022 DIVIDEND $400M in FY 2022 Plan to Maintain STRATEGIC INVESTMENTS Growing Our Talent, Pla
Slide 76: Environmental, Social, Governance
ENVIRONMENTAL NVIDIA GPUs Are 40X Earth-2 - Building the More Energy Efficient World's Most Powerful Al than Traditional CPU Supercomputer Dedicated to Servers For Al Predicting Climate Change 23 of Top 25 Supercomputers _ We Plan For 100% of Our onthe November 2021 Global Electricity Usage For Gree
Slide 77: Reconciliation of Non-GAAP to GAAP Financial Measures
RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES
Slide 78: Reconciliation of Non-GAAP to GAAP Financial Measures
RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES FY 2021 65.6% (2.6) (0.5) (0.2) 62.3% FY 2022 66.8% (1.4) (0.5) = 64.9% A. Consists of amortization of intangible assets and inventory step up B. Stock-based compensation charge was allocated to cost of goods sold
Slide 79: Reconciliation of Non-GAAP to GAAP Financial Measures (Contd.)
RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES [CONTD.} $3,617 (13) (391) (3) $3,210 FY 2018 37.2% (0.2) (4.0) -- 33.0% $6,803 (836) (1,397) (38) $4,532 FY 2021 40.8% (5.0) (8.4) (0.2) 27.2% $12,690 (636) (2,004) (9) $10,041 FY 2022 47.2% (2.5) (7.4) - 37.3% A. Consists of amortization of acq
Slide 80: Reconciliation of Non-GAAP to GAAP Financial Measures (Contd.)
RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES [CONTD.} FY 2021 Net income $6,277 (836) (1,397) (41) 329 -- -- $4,332 Shares used in diluted per share calculation (D) 2,510 7 7 7 7 7 7 2,510 Diluted EPS (D] $2.50 -- -- -- -- -- -- $1.73 FY 2022 Net income $11,259 (636) (2,004) 87 712 244 90 $
Slide 81: Reconciliation of Non-GAAP to GAAP Financial Measures (Contd.)
Slide 82: NVIDIA