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Jen-Hsun Huang, CEO & Co-founder ANNUAL INVESTOR DAY

NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

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Jen-Hsun Huang, NVIDIA CEO & Co-founder, shared this business overview with attendees at NVIDIA's Annual Investor Day event on March 25th, 2014.

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Page 1: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

Jen-Hsun Huang, CEO & Co-founder

ANNUAL INVESTOR DAY

Page 2: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

FY14 Gross Margin. All CAGRs are FY10 to FY14.

55% GROSS MARGINS Focus where visual computing is valued

and innovate beyond components

PC: 9% CAGR Focus on specialty PCs (Gaming & Design)

CLOUD: 64% CAGR MOBILE: 48% CAGR

Revolutionize cloud and mobile by leveraging visual computing specialty

>7,000 PATENT ASSETS Create value with

groundbreaking inventions

Focus on Visual Computing Business Highlights

Page 3: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

World Leader in Visual Computing

DESIGN and VISUALIZATION

GAMING HPC and DATA CENTER

AUTO and SMART DEVICES

IP GRAPHICS CARDS SYSTEMS GPUs and SOCs

Page 4: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

LEVERAGING RESOURCES Our two business lines — GPU and Tegra Processor — leverage a single, unified architecture. On this foundation, we build technologies for each of the major computing platforms — PC, cloud, mobile. We create differentiated brands to target large markets — Gaming, Design and Visualization, HPC and Data Center, Auto and Smart Devices — where visual computing is deeply valued.

Page 5: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

0

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FY10 FY14

0

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FY10 FY14

(Revenue, in millions)

PC Platform Mobile Platform HPC & Data Center

+9% CAGR +48% CAGR +64% CAGR

Growth in All Platforms

0

20

40

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80

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FY10 FY14

Page 6: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

0

50

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150

200

250

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400

FY10 FY14

Growth by Business

GPU Tegra Processor

+11% CAGR +48% CAGR

(Revenue, in millions)

0

500

1000

1500

2000

2500

3000

3500

4000

FY10 FY14

Page 7: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

Tegra — Establishing Our Position in Mobile

Unify Architecture Lead New Markets Play to our Strengths: GPU, Games, Brand

Page 8: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

Unify GPU & Tegra Architecture

MOBILE

ARCHITECTURE

Maxwell

Kepler

Tesla

Fermi

Tegra 3

Tegra 4

Tegra K1

GPU

ARCHITECTURE

Tegra K1

Page 9: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

Unify GPU — Leveraged Investment

TEGRA

AUTO

GRID

TESLA

GPU

Page 10: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

TEGRA — THE PLATFORM FOR ANDROID GAMING

SOURCE: Android gaming: DFC.

Android Gaming: $12B in 2 yrs

$0

$3

$6

$9

$12

2012 2013 2014 2015 2016

Billions

“We can take absolutely anything

that runs on PC or high-end

console and run it on Tegra… I

didn’t think that’d be at this level

on mobile for another 3-4 years.”

— Tim Sweeney, Founder, EPIC Games

Page 11: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

SOURCE: Global car production: LMC Automotive.

The World’s First Car Supercomputer

TEGRA — TOMORROW’S CAR, TODAY

Global Car Production

0

20

40

60

80

100

2012 2013 2014 2015 2016

FY14: Won $1.9B 41 Models • 16M Cars

Millions

Page 12: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

VISUAL COMPUTING — BEYOND CHIPS

CUDA

GAMEWORKS

IRAY

GEFORCE EXPERIENCE

Page 13: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

10

20

30

40

50

60

70

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

GEFORCE — DRIVING NEXT-GEN PC GAMING

Billions

$

30M installs

2M games/month optimized

1.8M hours captured 0%

10%

20%

30%

40%

50%

60%

70%

2010 2011 2012 2013

Gamers’ Choice Discrete GPU Share

PC

Console

Portable

Mobile

PC and Mobile Gaming — Largest & Fastest Growing

SOURCE: Gaming software, DFC. GPU market share: Mercury Research.

Page 14: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

-

200

400

600

800

1,000

1,200

2012 2013 2014 2015 2016 2017

Unit

s (t

housa

nds)

3D Printing Revolution

95% CAGR

QUADRO — REVOLUTIONIZING

DESIGN & VISUALIZATION

SOURCE: 3D Printing: Gartner.

IRAY ECOSYSTEM

Bunkspeed

Maya

Catia

3ds Max

IRAY VCA

Page 15: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

“10 OF TOP 10”

1,104

5,379

0

1,000

2,000

3,000

4,000

5,000

6,000

2010 2015

TESLA — ACCELERATING MOMENTUM

IN HPC & DATA CENTER

CUDA for Machine Learning

A Torrent of Unstructured Data

Exabyte

s of

Data

SOURCE: Green500 list November 2013. Data growth: IDC's Digital Universe Study.

“ IBM-NVIDIA Deal Latest in Hot Supercomputer Sector”

— Wall Street Journal

Page 16: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

45

466

0

100

200

300

400

500

Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb

10X Growth in 1 Year

GRID Trials Worldwide

GRID — ENABLING END-TO-END

ENTERPRISE VIRTUALIZATION

SOURCE: NVIDIA KPI measuring GRID traction.

Page 17: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

0

1000

2000

3000

4000

5000

6000

7000

SOURCE: Fundamental graphics patents: U.S. Patent Office.

Fundamental Graphics Patents

INVENTOR of GPU • GPGPU • Programmable Shading

IP — LICENSING THE

WORLD’s BEST GPU

Target Vertically Integrated OEMs Building Differentiated Devices

2B+ Devices per Year

0

100

200

300

400

500

600

Patent Portfolio Growth

Page 18: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

NVIDIA Opened a Huge Market for Visual Computing

~$100B Gaming Market GeForce & Tegra Gaming

~100M Cars Tegra for Auto

~500M Enterprise Workers GRID for Enterprise Virtualization

Big Data Grows 5X in 5 yrs Tesla for Machine Learning

Investment Thesis

Page 19: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

Appendix

Page 20: NVIDIA Business Overview as Presented by Jen-Hsun Huang, CEO & Co-founder's at NVIDIA's 2014 Annual Investor Day

RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES

(in millions)

FY2010 FY2014

Graphics Processing Unit (GPU) excluding chipset revenue $2,298 $3,454

Chipset revenue 872 14

GPU revenue $3,170 $3,468

FY2010 FY2014

Tegra Processor excluding game console related revenue $79 $378

Game console related revenue 77 20

Tegra Processor revenue $156 $398