JEN-HSUN HUANG CEO & Co-Founder | Annual Investor Day 2013

-

2

4

6

8

10

12

Millions

Tegra Unit Shipments

$0

$200

$400

$600

$800

$1,000

$1,200

$1,400

$1,600

$1,800

Millions

OPEX PC Growth Rate

Q113 Q213 Q313 Q413

Poised for Growth Y/Y u

nit

ship

ments

, %

Non-GAAP, see reconciliation in Appendix Source: Goldman Sachs Research estimates Android, WinRT, Auto, and Embedded

FY11 FY12 FY13 FY14E

-10

-8

-6

-4

-2

0

2

4

6

8

NVIDIA THE VISUAL COMPUTING

COMPANY

NVIDIA The Visual Computing Company

TECHNOLOGY PROCESSORS VISUAL COMPUTING APPLIANCE

MODULES

GAMING ENTERPRISE NEW COMPUTING DEVICES

TARGET END MARKETS

A Computing Revolution

1993 1998 2003 2008 2013

OS M

ark

et

Share

100%

90%

80%

70%

60%

50%

40%

30%

20%

10%

0%

Source: Gartner, Strategy Analytics

Computing Everywhere

1993 1998 2003 2008 2013 0%

20%

40%

80%

100%

Pro

cess

or

Mark

et

Share

x86 and Cortex Processors Shipped

60%

0

1

2

4

5

3

Pro

cesso

r Ship

ments (B

illions)

Source: Mercury Research, ARM, Internal estimates

Visual computing is more important than ever

We continue to drive our visual

computing leadership

GRID extends GPU computing into server and datacenters

Tegra leverages our GPU strengths

to smart devices

Commitment to long-term profitable growth and capital return

3B+ HD devices by 2015

GPU growth 12% CAGR

$10B+

growth opportunity

$10B+

growth opportunity

20% Rev CAGR from FY10

2.4% dividend yield

Growing Beyond the PC

Revenue excluding chipset products

Growth Strategies Conventional wisdom suggests Moore’s law should have integrated the GPU long ago…

GPU

Growth Strategies But it didn’t. Strategic investments led to invention of Programmable Shaders

and CUDA GPGPU, fueled demand, and opened new markets.

Programmable Shaders

CUDA GPGPU

Growth Strategies Now, GRID extends NVIDIA GPUs into the server and datacenters,

creating a $10B+ growth opportunity.

Growth Strategies Many markets need great GPUs. However, mainstream PCs are good enough for

daily use. Low-end GPUs will eventually be integrated. PCs will be disrupted by tablets.

Growth Strategies Our investment in Tegra leverages our world-class GPU assets to grow into new markets and puts us in position to disrupt the PC ourselves.

Tegra devices disrupt PC

R&D Synergies Across Products Total R&D ~$1.2B

SHIELD ~$10M

TEGRA

~$300M

GRID

~$10M

CORE R&D ~$880M

GPU SOFTWARE VLSI CONTENT

TECH PROCESS

R&D

Refers to estimated FY14 non-GAAP R&D expense, see reconciliation in Appendix

FY10 FY13

Growing Beyond PC 20% CAGR Overall

S4.5

S4.0

S3.5

S3.0

S2.5

S2.0

S1.5

S1.0

S0.5

0

Revenue (

in b

illions)

GeForce Gamer

GeForce OEM

Quadro

Tesla

Tegra

Other

68%

109%

12%

9%

CAGR

15%

Tegra = Android, WinRT, Auto, and Embedded

$79M $723M

~$10B

~$10B

~$6B

TAM

$2.3B $3.2B

FY10 FY13

Android Devices

WinRT PC

Auto

GeForce Quadro Tesla

Growing Beyond PC Tegra growing 109% CAGR | GPU growing 12% CAGR

GRID

GPU

TEGRA

GPU Computing GPU evolves into a general-purpose, massively parallel

processor. NVIDIA CUDA GPU computing platform accelerates

applications — from ray-tracing and molecular dynamics to

visual search and big data.

GPU CPU

CUDA Revolutionizes Computing Multi-core plus Many-cores

CUDA Driving GPU Growth

2.3 2.7

3.0 3.2

$0

$1

$2

$3

$4

FY10 FY11 FY12 FY13

Millions

Billions

NVIDIA GPU Growth — 12% CAGR

CUDA & Tesla Investment

Billions

AMD Graphics — FLAT

223 243 246

231

$0

$50

$100

$150

$200

$250

2009 2010 2011 2012

Billions

1.2

1.7 1.6 1.4

$0

$1

$2

$3

$4

2009 2010 2011 2012

$0

$200

$400

$600

$800

FY10 FY11 FY12 FY13

Tesla/CUDA OPEX GPU Operating Income

GPU excluding chipset. OPEX based on non-GAAP

Overall PC Industry — FLAT

GPGPU Enables Next Generation Graphics Deferred Lighting, Depth of Field and Post-Processing | Facial Performance |

Wave and Fire Simulation | Interactive Global Illumination |

Volumetric Lighting and iRAY on CUDA

0

5

10

15

20

25

30

35

40

2007 2008 2009 2010 2011 2012

CUDA Accelerating 19% of FLOPS from GPU Systems

Tota

l Perf

orm

ance (

PFLO

PS)

NVIDIA Kepler

NVIDIA Fermi

Intel Xeon Phi

IBM Cell

Other

CUDA Accelerating Big Data

Shazam

10M queries per day against

27M content library

Cortexica/ebay

500+ keypoint fingerprint search

of like things

Twitter/SalesForce.com

500M tweets against

1M expressions daily

GRID Leveraging our graphics and GPU expertise,

invent new technologies that can extend our GPUs

into servers, datacenters and appliances.

NVIDIA GRID Visual Computing Appliance

GRID VCA — VAR Partner

We’re delighted to offer GRID VCA to our customers. We believe it

will expand the customer base for SolidWorks because it can now

be deployed with less concern about the hardware platform being

used. And it makes management and deployment to multiple users

significantly easier.

Dale Ford President & CEO, Hawk Ridge Systems

“

”

The New Enterprise Mobile | BYOD | Mixed OS | Massive Data

NVIDIA GRID A Visual Computing Appliance

CISCO ROUTER A Networking Appliance

NVIDIA GRID A Visual Computing Appliance

NETAPP NAS A Storage Appliance

GRID $10B+ TAM

Enterprise VDI – $5B VCA – $3B GAMING – $2B

700M cable subscribers

25 trials around the world

10M creative designers

50% in SMB

Launch GTC

Certify ISV

Signing up VARs

700M enterprise workers

160M knowledge workers

Dell, HP, IBM, Cisco

75 trials around the world

TEGRA Leveraging our GPU assets and expertise,

invest to be a major player in a world where

“visual computing is everywhere.”

% Developers working on games, per platform

55% Mobile Devices

48% PCs

Mobile Graphics More Important than Ever 13% Xbox 360,

PS3

11% Next-Gen Consoles

5% Wii U

Source: 2013 GDC Survey

PROJECT SHIELD

Project SHIELD is a major disruption to

portable game devices, game consoles

and devices like the Apple iPod.

“

”

NVIDIA has built what could be the most

compelling portable game system

in some time.

“

”

TEGRA Best in Graphics — Best for Gaming

DX9 to DX11 A Major Discontinuity

DX11, OGL4.3 Geometry Shaders

GPGPU Computational Graphics

DX9, ES2.0 Programmable Pixel

Shaders

DX11 — A Giant Leap in Graphics

Power

Perf

orm

ance

1 10

Fermi

Competition Mobile GPU

Kepler

Kepler.M

Bringing the World’s Best GPU to Mobile

KAYLA Tegra + DX11 Kepler

GK208 DEMO

TEGRA TAM

WinRT

200M notebooks sold in ‘13

Today’s tablet, tomorrow’s PC

ANDROID

430M+ Tablets by ‘16, >2x 2013

450M LTE phones by ‘16, >2x 2013

AUTO

7 makers, 34 models

$2B+ design wins, $450M by FY16

Visual computing is more important than ever

We continue to drive our visual

computing leadership

GRID extends GPU computing into server and datacenters

Tegra leverages our GPU strengths

to smart devices

Commitment to long-term profitable growth and capital return

3B+ HD devices by 2015

GPU growth 12% CAGR

$10B+

growth opportunity

$10B+

growth opportunity

20% Rev CAGR from FY10

2.4% dividend yield

Growing Beyond the PC

Revenue excluding chipset products

ANNOUNCEMENT

NVIDIA to return ~$1.2B to shareholders through 4Q FY14

$0.075 per share dividend ($50M/qtr)

$100M repurchase in each of 4Q FY13 and 1Q FY14

Commitment to repurchase $750M

NVIDIA The Visual Computing Company

TECHNOLOGY PROCESSORS VISUAL COMPUTING APPLIANCE

MODULES

Appendix

RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES

Non-GAAP

Stock-based

compensation

(a)

Acquisition-

related items

(b)

Net warranty

charges

(c)

Other

(d), (e)

Tax impact of

non-GAAP

adjustments

GAAP

FY2010

Revenue $3,326 $- $- $- $- $- $3,326

Gross profit $1,296 $(23) $- $(96) $- $- $1,177

Gross margin 39.0% - - - - - 35.4%

Net income (loss) $253 $(247) $(13) $(94) $- $33 $(68)

Shares used in diluted per share calculation 568 - - - (18) - 550

Diluted net income (loss) per share $0.45 $- $- $- $- $- $(0.12)

FY2011

Operating expense $1,096 $92 $9 $13 $(57) $- $1,153

FY2012

Operating expense $1,246 $125 $38 $- $- $- $1,409

(in millions, except per share data)

RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES

Non-GAAP

Stock-based

compensation

(a)

Acquisition-

related items

(b)

Net warranty

charges

(c)

Other

(d), (e)

Tax impact of

non-GAAP

adjustments

GAAP

FY2013

Revenue $4,280 $- $- $- $- $- $4,280

Gross profit $2,237 $(11) $- $- $- $- $2,226

Gross margin 52.3% - - - - - 52.0%

Operating expense $1,396 $126 $36 $- $20 $- $1,578

Net income $728 $(137) $(36) $- $(20) $28 $563

Shares used in diluted per share calculation 624 - - - - - 624

Diluted net income per share $1.17 $- $- $- $- $- $0.90

FY2014 Estimate

R&D expense $1,200 $79 $29 $- $- $- $1,308

Operating expense $1,600 $125 $35 $- $- $- $1,760

(in millions, except per share data)

Footnotes (a) In addition to our historical practice of excluding stock-based compensation, during FY10, the Company completed a tender offer to purchase outstanding stock options which resulted in a charge of $140.2 million. This charge was allocated to cost of goods sold, research and development expense, and sales, general and administrative expense, of $11.4 million, $90.5 million and $38.3 million, respectively. (b) Acquisition-related items are comprised of amortization of acquisition-related intangible assets and other acquisition-related costs such as transaction costs, compensation charges and restructuring costs relating to the acquisitions. (c) Net warranty charges are comprised of charges to cost of goods sold related to the weak die/packaging material set that was used in certain versions of our previous generation chips and a charge to operating expense related to a class action lawsuit settlement, net of insurance reimbursement. (d) Other is comprised of legal settlement charges and benefits and the net present value of a charitable contribution. (e) Shares excluded for computation of net loss per share position.

RECONCILIATION OF OTHER FINANCIAL MEASURES

FY2010 FY2011 FY2012 FY2013

Graphics Processing Unit (GPU) revenue excluding chipset products $2,299 $2,659 $2,990 $3,228

Chipset product revenue $872 $687 $197 $24

GPU revenue $3,171 $3,346 $3,187 $3,252

FY2010 FY2011 FY2012 FY2013

GPU operating income excluding chipset products $305 $403 $729 $869

Chipset product operating income $85 $278 $93 $16

GPU operating income $390 $681 $822 $885

(in millions)

FY2010 FY2013

Total revenue excluding chipset products $2,454 $4,256

Chipset product revenue $872 $24

Total revenue $3,326 $4,280