• In dieser Sektion des Forums werden Pressemitteilungen der Hersteller 1:1 veröffentlicht. Planet 3DNow! übernimmt weder für die Richtigkeit der Angaben noch für die Art der Formulierung jedwede Verantwortung. Oft sind Pressemitteilungen mit typischen Marketing-Floskeln wie "einer der bedeutendsten Herstellern von XY" versetzt. Diese Aussagen sind subjektiv und geben nicht notwendigerweise die Meinung der auf Planet 3DNow! schreibenden Autoren wieder.

NVIDIA Announces Financial Results for First Quarter Fiscal 2020

Pressemitteilung

Hinweis: Dieser Inhalt ist eine Pressemitteilung des Herstellers. Planet 3DNow! prüft weder die Richtigkeit der Angaben noch die Art der Formulierung. Pressemitteilungen können subjektiv sein und geben nicht notwendigerweise die Meinung der auf Planet 3DNow! schreibenden Autoren wieder.
NVIDIA today reported revenue for the first quarter ended April 28, 2019, of $2.22 billion compared with $3.21 billion a year earlier and $2.21 billion in the previous quarter.

GAAP earnings per diluted share for the quarter were $0.64, compared with $1.98 a year ago and $0.92 in the previous quarter. Non-GAAP earnings per diluted share were $0.88 compared with $2.05 a year earlier and $0.80 in the previous quarter.

“NVIDIA is back on an upward trajectory,” said Jensen Huang, founder and CEO of NVIDIA. “We’ve returned to growth in gaming, with nearly 100 new GeForce Max-Q laptops shipping. And NVIDIA RTX has gained broad industry support, making ray tracing the standard for next-generation gaming.

“Despite the near-term pause in demand from hyperscale customers, the application of AI continues to accelerate. AI adoption is accelerating in the world’s largest industries, moving beyond the cloud to the edge where AI processing has to be instantaneous.  We’re excited about our pending acquisition of Mellanox, which will help us drive data center architecture for high performance computing and AI from the cloud to the edge,” he said.

<strong>Capital Return</strong>

As previously communicated, NVIDIA intends to return $3.00 billion to shareholders by the end of fiscal 2020, including $700 million in share repurchases made during the fourth quarter of fiscal 2019. In the first quarter of fiscal 2020, the company returned $97 million in quarterly cash dividends.

NVIDIA will pay its next quarterly cash dividend of $0.16 per share on June 21, 2019, to all shareholders of record on May 31, 2019.

<strong>Q1 Fiscal 2020 Summary</strong>
<table class="gnw_table_border_collapse hugin">
<tbody>
<tr>
<td class="gnw_border_top_solid gnw_border_right_solid gnw_border_left_solid gnw_align_center hugin" colspan="12"><strong>GAAP</strong></td>
</tr>
<tr>
<td class="gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin"><strong><em>($ in millions, except earnings per share)</em></strong></td>
<td class="gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin" colspan="3"><strong>Q1 FY20</strong></td>
<td class="gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin" colspan="3"><strong>Q4 FY19</strong></td>
<td class="gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin" colspan="3"><strong>Q1 FY19</strong></td>
<td class="gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin"><strong>Q/Q</strong></td>
<td class="gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin"><strong>Y/Y</strong></td>
</tr>
<tr>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin">Revenue</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="3">$2,220</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="3">$2,205</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="3">$3,207</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Up 1%</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Down 31%</td>
</tr>
<tr>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin">Gross margin</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right gnw_border_right_solid hugin" colspan="3">&nbsp;58.4%</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right gnw_border_right_solid hugin" colspan="3">&nbsp;54.7%</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right gnw_border_right_solid hugin" colspan="3">&nbsp;64.5%</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Up 370 bps</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Down 610 bps</td>
</tr>
<tr>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin">Operating expenses</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="3">$938</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="3">$913</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="3">$773</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Up 3%</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Up 21%</td>
</tr>
<tr>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin">Operating income</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="3">$358</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="3">$294</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="3">$1,295</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Up 22%</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Down 72%</td>
</tr>
<tr>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin">Net income</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="3">$394</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="3">$567</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="3">$1,244</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Down 31%</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Down 68%</td>
</tr>
<tr>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin">Diluted earnings per share</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="3">$0.64</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="3">$0.92</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="3">$1.98</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Down 30%</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Down 68%</td>
</tr>
</tbody>
</table>
<table class="gnw_table_border_collapse hugin">
<tbody>
<tr>
<td class="gnw_border_top_solid gnw_border_right_solid gnw_border_left_solid gnw_align_center hugin" colspan="9"><strong>Non-GAAP</strong></td>
</tr>
<tr>
<td class="gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin"><strong><em>($ in millions, except earnings per share)</em></strong></td>
<td class="gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin" colspan="2"><strong>Q1 FY20</strong></td>
<td class="gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin" colspan="2"><strong>Q4 FY19</strong></td>
<td class="gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin" colspan="2"><strong>Q1 FY19</strong></td>
<td class="gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin"><strong>Q/Q</strong></td>
<td class="gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin"><strong>Y/Y</strong></td>
</tr>
<tr>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin">Revenue</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="2">$2,220</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="2">$2,205</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="2">$3,207</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Up 1%</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Down 31%</td>
</tr>
<tr>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin">Gross margin</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right gnw_border_right_solid hugin" colspan="2">59.0%</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right gnw_border_right_solid hugin" colspan="2">56.0%</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right gnw_border_right_solid hugin" colspan="2">64.7%</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Up 300 bps</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Down 570 bps</td>
</tr>
<tr>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin">Operating expenses</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="2">$753</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="2">$755</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="2">$648</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">--</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Up 16%</td>
</tr>
<tr>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin">Operating income</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="2">$557</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="2">$479</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="2">$1,428</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Up 16%</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Down 61%</td>
</tr>
<tr>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin">Net income</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="2">$543</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="2">$496</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="2">$1,285</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Up 9%</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Down 58%</td>
</tr>
<tr>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin">Diluted earnings per share</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="2">$0.88</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="2">$0.80</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin" colspan="2">$2.05</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Up 10%</td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_align_right hugin">Down 57%</td>
</tr>
</tbody>
</table>
<p align="justify">NVIDIA’s outlook for the second quarter of fiscal 2020 is as follows:</p>

<ul type="disc">
<li>Revenue is expected to be $2.55 billion, plus or minus 2 percent.
&nbsp;</li>
<li>GAAP and non-GAAP gross margins are expected to be 59.2 percent and 59.5 percent, respectively, plus or minus 50 basis points.
&nbsp;</li>
<li>GAAP and non-GAAP operating expenses are expected to be approximately $985 million and $765 million, respectively.
&nbsp;</li>
<li>GAAP and non-GAAP other income and expense are both expected to be income of approximately $27 million.
&nbsp;</li>
<li>GAAP and non-GAAP tax rates are both expected to be 10 percent, plus or minus 1 percent, excluding any discrete items. GAAP discrete items include excess tax benefits or deficiencies related to stock-based compensation, which are expected to generate variability on a quarter by quarter basis.</li>
</ul>
<p align="justify"><strong>Highlights</strong></p>
During the quarter, NVIDIA announced that it reached a definitive agreement to acquire Mellanox Technologies, Ltd. for $125 per share in cash, representing a total enterprise value of approximately $6.9 billion. Once complete, the combination is expected to be immediately accretive to NVIDIA’s non-GAAP gross margin, non-GAAP earnings per share, and free cash flow. The transaction is expected to close by the end of the calendar year.

Since the end of the fourth quarter of fiscal 2019, NVIDIA has achieved progress in these areas:

<strong>Data Center</strong>
<ul type="disc">
<li><a title="Introduced the NVIDIA® CUDA-X AI™" href="https://blogs.nvidia.com/blog/2019/03/18/cuda-x-ai-data-science/" target="_blank" rel="nofollow noopener noreferrer">Introduced the NVIDIA® CUDA-X AI™</a>&nbsp;platform for accelerating data science.</li>
<li><a title="Announced availability of NVIDIA T4 Tensor Core GPUs" href="https://nvidianews.nvidia.com/news/global-computer-companies-announce-nvidia-powered-enterprise-servers-optimized-for-data-science" target="_blank" rel="nofollow noopener noreferrer">Announced availability of NVIDIA T4 Tensor Core GPUs&nbsp;</a>from leading OEMs, as well as&nbsp;<a title="" href="https://blogs.nvidia.com/blog/2019/03/18/t4-gpus-amazon-web-services/" target="_blank" rel="nofollow noopener noreferrer"><u>Amazon Web Services</u></a>.</li>
<li><a title="Partnered with top global system builders to create powerful data-science workstations" href="https://nvidianews.nvidia.com/news/nvidia-introduces-new-breed-of-high-performance-workstations-for-millions-of-data-scientists" target="_blank" rel="nofollow noopener noreferrer">Partnered with top global system builders to create powerful data-science workstations</a>&nbsp;integrating NVIDIA Quadro RTX™ GPUs and NVIDIA CUDA-X AI.</li>
<li><a title="Launched beta access to NVIDIA Quadro® Virtual Workstation software" href="https://blogs.nvidia.com/blog/2019/03/18/quadro-virtual-workstation-alibaba-cloud-marketplace/" target="_blank" rel="nofollow noopener noreferrer">Launched beta access to NVIDIA Quadro® Virtual Workstation software</a>&nbsp;in the Alibaba Cloud Marketplace.</li>
<li><a title="Teamed up with the American College of Radiology" href="https://nvidianews.nvidia.com/news/nvidia-and-american-college-of-radiology-ai-lab-team-to-accelerate-adoption-of-ai-in-diagnostic-radiology-across-thousands-of-hospitals" target="_blank" rel="nofollow noopener noreferrer">Teamed up with the American College of Radiology</a>&nbsp;to use the&nbsp;<a title="NVIDIA Clara™ AI toolkit" href="https://www.nvidia.com/en-us/healthcare/#source=pr" target="_blank" rel="nofollow noopener noreferrer">NVIDIA Clara™ AI toolkit</a>&nbsp;to enable its members across the U.S. to create and use AI for diagnostic radiology in their own facilities.</li>
</ul>
<p align="justify"><strong>Gaming</strong></p>

<ul type="disc">
<li>Introduced the&nbsp;<a title="" href="https://nvidianews.nvidia.com/news/new-geforce-gtx-1660-ti-delivers-great-performance-leap-for-every-gamer-starting-at-279" target="_blank" rel="nofollow noopener noreferrer"><u>GeForce® GTX® 1660 Ti,</u></a>&nbsp;<a title="" href="https://www.nvidia.com/en-us/geforce/news/nvidia-geforce-gtx-1660/" target="_blank" rel="nofollow noopener noreferrer"><u>GTX 1660</u></a>&nbsp;and&nbsp;<a title="" href="https://blogs.nvidia.com/blog/2019/04/23/geforce-gtx-1650/" target="_blank" rel="nofollow noopener noreferrer"><u>GTX 1650</u></a>&nbsp;gaming GPUs with improved performance and efficiency for today’s most popular games.</li>
<li>Announced a&nbsp;<a title="" href="https://nvidianews.nvidia.com/news/nvidia-supercharges-record-80-gaming-laptop-models-with-turing-powered-gtx-16-series-gpus" target="_blank" rel="nofollow noopener noreferrer"><u>record number of gaming laptop models</u></a>&nbsp;based on Turing GPUs from the world’s top makers,&nbsp;<a title="bringing the total launched this year to nearly 100" href="https://nvidianews.nvidia.com/news/nvidia-supercharges-record-80-gaming-laptop-models-with-turing-powered-gtx-16-series-gpus" target="_blank" rel="nofollow noopener noreferrer">bringing the total launched this year to nearly 100</a>.</li>
<li>Announced that real-time ray tracing is now&nbsp;<a title="" href="https://nvidianews.nvidia.com/news/nvidia-microsoft-epic-games-unity-and-leading-developers-kick-start-next-gen-gaming-at-gdc-2019" target="_blank" rel="nofollow noopener noreferrer"><u>integrated into Unreal Engine and Unity</u></a>, the world’s most popular commercial game engines.</li>
</ul>
<p align="justify"><strong>Professional Visualization</strong></p>

<ul type="disc">
<li>Announced expanded&nbsp;<a title="" href="https://nvidianews.nvidia.com/news/nvidia-rtx-ray-tracing-accelerated-applications-available-to-millions-of-3d-artists-and-designers-this-year" target="_blank" rel="nofollow noopener noreferrer"><u>adoption of NVIDIA RTX ray-tracing technology</u></a>&nbsp;by the world’s top 3D application providers.</li>
<li><a title="Unveiled the NVIDIA Omniverse" href="https://blogs.nvidia.com/blog/2019/03/18/omniverse-collaboration-platform/" target="_blank" rel="nofollow noopener noreferrer">Unveiled the NVIDIA Omniverse</a>&nbsp;open-collaboration platform to simplify creative workflows for content creation.</li>
</ul>
<p align="justify"><strong>Automotive</strong></p>

<ul type="disc">
<li>Partnered with&nbsp;<a title="" href="https://nvidianews.nvidia.com/news/nvidia-and-toyota-research-institute-advanced-development-partner-to-create-safer-autonomous-transportation" target="_blank" rel="nofollow noopener noreferrer"><u>Toyota Research Institute-Advanced Development</u></a>&nbsp;to develop, train and validate self-driving vehicles.</li>
<li><a title="Unveiled NVIDIA DRIVE™ AP2X" href="https://blogs.nvidia.com/blog/2019/03/18/drive-ap2x-worlds-most-complete-level-2-platform/" target="_blank" rel="nofollow noopener noreferrer">Unveiled NVIDIA DRIVE™ AP2X</a>, a complete Level 2+ automated driving solution encompassing DRIVE AutoPilot software, DRIVE AGX and DRIVE validation tools.</li>
<li><a title="Introduced NVIDIA DRIVE AV Safety Force Field" href="https://nvidianews.nvidia.com/news/nvidia-introduces-drive-av-safety-force-field-computational-defensive-driving-policy-to-shield-autonomous-vehicles-from-collisions" target="_blank" rel="nofollow noopener noreferrer">Introduced NVIDIA DRIVE AV Safety Force Field</a>&nbsp;to enable safe, comfortable driving experiences.</li>
<li><a title="Announced availability of the NVIDIA DRIVE Constellation™" href="https://nvidianews.nvidia.com/news/nvidia-drive-constellation-now-available-virtual-proving-ground-for-validating-autonomous-vehicles" target="_blank" rel="nofollow noopener noreferrer">Announced availability of the NVIDIA DRIVE Constellation™</a>&nbsp;autonomous vehicle simulation platform.</li>
</ul>
<p align="justify"><strong>Edge Computing</strong></p>

<ul type="disc">
<li><a title="Launched Jetson Nano™" href="https://nvidianews.nvidia.com/news/nvidia-announces-jetson-nano-99-tiny-yet-mighty-nvidia-cuda-x-ai-computer-that-runs-all-ai-models" target="_blank" rel="nofollow noopener noreferrer">Launched Jetson Nano™</a>, an AI computer that makes it possible to create millions of small, low-cost, low-power devices.</li>
<li>Announced&nbsp;<a title="free public availability of NVIDIA Isaac SDK™" href="https://blogs.nvidia.com/blog/2019/03/18/isaac-sdk-general-availability/" target="_blank" rel="nofollow noopener noreferrer">free public availability of NVIDIA Isaac SDK™</a>&nbsp;as a robotics developer toolbox for accelerating innovation and deployment.</li>
<li>Announced that the&nbsp;<a title="" href="https://blogs.nvidia.com/blog/2019/03/18/jetson-aws-robomaker/" target="_blank" rel="nofollow noopener noreferrer"><u>NVIDIA Jetson™ AI computer platform now supports Amazon Web Services RoboMaker</u></a>.</li>
<li><a title="Teamed up with AWS IoT Greengrass" href="https://nvidianews.nvidia.com/news/nvidia-teams-with-amazon-web-services-to-bring-ai-to-millions-of-connected-devices" target="_blank" rel="nofollow noopener noreferrer">Teamed up with AWS IoT Greengrass</a>&nbsp;to enable customers to deploy AI and deep learning to millions of connected devices with NVIDIA Jetson.</li>
<li><a title="Collaborated with Microsoft" href="https://blogs.nvidia.com/blog/2019/03/18/deepstream-microsoft-azure-iot-edge/" target="_blank" rel="nofollow noopener noreferrer">Collaborated with Microsoft</a>&nbsp;to make cities smarter by&nbsp;<a title="" href="https://blogs.nvidia.com/blog/2019/03/18/deepstream-microsoft-azure-iot-edge/" target="_blank" rel="nofollow noopener noreferrer"><u>integrating NVIDIA DeepStream Edge AI and Microsoft Azure IoT.</u></a></li>
</ul>
<p align="justify"><strong>CFO Commentary</strong></p>
Commentary on the quarter by Colette Kress, NVIDIA’s executive vice president and chief financial officer, is available at&nbsp;<a title="" href="https://investor.nvidia.com/home/default.aspx" target="_blank" rel="nofollow noopener noreferrer"><u>https://investor.nvidia.com/home/default.aspx</u></a>.

<strong>Conference Call and Webcast Information</strong>

NVIDIA will conduct a conference call with analysts and investors to discuss its first quarter fiscal 2020 financial results and current financial prospects today at 2:30 p.m. Pacific time (5:30 p.m. Eastern time). A live webcast (listen-only mode) of the conference call will be accessible at NVIDIA’s investor relations website,&nbsp;<a title="" href="https://investor.nvidia.com/home/default.aspx" target="_blank" rel="nofollow noopener noreferrer"><u>https://investor.nvidia.com/home/default.aspx</u></a>. The webcast will be recorded and available for replay until NVIDIA’s conference call to discuss its financial results for its second quarter of fiscal 2020.

<strong>Non-GAAP Measures</strong>

To supplement NVIDIA’s Condensed Consolidated Statements of Income and Condensed Consolidated Balance Sheets presented in accordance with GAAP, the company uses non-GAAP measures of certain components of financial performance. These non-GAAP measures include non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income from operations, non-GAAP other income (expense), non-GAAP income tax expense, non-GAAP net income, non-GAAP net income, or earnings, per diluted share, non-GAAP diluted shares, and free cash flow. In order for NVIDIA’s investors to be better able to compare its current results with those of previous periods, the company has shown a reconciliation of GAAP to non-GAAP financial measures. These reconciliations adjust the related GAAP financial measures to exclude stock-based compensation expense, legal settlement costs, acquisition-related and other costs, gains from non-affiliated investments, interest expense related to amortization of debt discount, the associated tax impact of these items, where applicable, and the tax benefit from income tax reform. Weighted average shares used in the non-GAAP diluted net income per share computation includes the anti-dilution impact of our Note Hedge. Free cash flow is calculated as GAAP net cash provided by operating activities less purchase of property and equipment and intangible assets. NVIDIA believes the presentation of its non-GAAP financial measures enhances the user’s overall understanding of the company’s historical financial performance. The presentation of the company’s non-GAAP financial measures is not meant to be considered in isolation or as a substitute for the company’s financial results prepared in accordance with GAAP, and the company’s non-GAAP measures may be different from non-GAAP measures used by other companies.
<div class="article_body clearfix">
<table class="gnw_table_border_collapse hugin">
<tbody>
<tr>
<td class="gnw_align_center hugin gnw_vertical_align_top" style="width: 693px;" colspan="10"><strong>&nbsp;</strong><strong>NVIDIA CORPORATION</strong><strong>&nbsp;</strong></td>
</tr>
<tr>
<td class="gnw_align_center hugin gnw_vertical_align_top" style="width: 693px;" colspan="10"><strong>&nbsp;&nbsp;</strong><strong>CONDENSED CONSOLIDATED STATEMENTS OF INCOME</strong><strong>&nbsp;</strong></td>
</tr>
<tr>
<td class="gnw_align_center hugin gnw_vertical_align_top" style="width: 693px;" colspan="10">(In millions, except per share data)</td>
</tr>
<tr>
<td class="gnw_align_center hugin gnw_vertical_align_top" style="width: 693px;" colspan="10">(Unaudited)</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_bottom" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" style="width: 26px;">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" style="width: 285px;">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" style="width: 127px;" colspan="3">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" style="width: 17px;">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" style="width: 127px;" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" style="width: 26px;">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" style="width: 26px;">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" style="width: 285px;">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" style="width: 127px;" colspan="3">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" style="width: 17px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" style="width: 127px;" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_bottom" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" style="width: 285px;">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_bottom" style="width: 305px;" colspan="7"><strong>&nbsp;</strong><strong>Three Months Ended</strong><strong>&nbsp;</strong></td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_bottom" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" style="width: 285px;">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_middle" style="width: 127px;" colspan="3"><strong>April 28,</strong></td>
<td class="gnw_align_center hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_middle" style="width: 127px;" colspan="3"><strong>April 29,</strong></td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" style="width: 285px;">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_center hugin gnw_vertical_align_middle" style="width: 127px;" colspan="3"><strong>2019</strong></td>
<td class="gnw_align_center hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_center hugin gnw_vertical_align_middle" style="width: 127px;" colspan="3"><strong>2018</strong></td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_bottom" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" style="width: 285px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" style="width: 127px;" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" style="width: 17px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" style="width: 127px;" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 371px;" colspan="3">Revenue</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">2,220</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">3,207</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 371px;" colspan="3">Cost of revenue</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">924</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">1,139</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 371px;" colspan="3">Gross profit</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">1,296</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">2,068</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 371px;" colspan="3">Operating expenses</td>
<td class="hugin gnw_vertical_align_middle" style="width: 127px;" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 127px;" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 328px;" colspan="2">Research and development</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">674</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">542</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 328px;" colspan="2">Sales, general and administrative</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">264</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">231</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 26px;">&nbsp;</td>
<td class="gnw_align_left hugin gnw_vertical_align_middle" style="width: 285px;">Total operating expenses</td>
<td class="gnw_border_top_solid gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">938</td>
<td class="gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">773</td>
<td class="gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 371px;" colspan="3">Income from operations</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">358</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">1,295</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 328px;" colspan="2">Interest income</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">44</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">25</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 328px;" colspan="2">Interest expense</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">(13)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">(15)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" style="width: 328px;" colspan="2">Other, net</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">-</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">6</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" style="width: 285px;">Total other income (expense)</td>
<td class="gnw_border_top_solid gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">31</td>
<td class="gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">16</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 371px;" colspan="3">Income before income tax</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">389</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">1,311</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 371px;" colspan="3">Income tax expense (benefit)</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">(5)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">67</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 371px;" colspan="3">Net income</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">394</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">1,244</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 285px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 127px;" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 127px;" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 371px;" colspan="3">Net income per share:</td>
<td class="hugin gnw_vertical_align_middle" style="width: 127px;" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 127px;" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 328px;" colspan="2">Basic</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">$</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">0.65</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">$</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">2.05</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 328px;" colspan="2">Diluted</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">$</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">0.64</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">$</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">1.98</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 285px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 127px;" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 127px;" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 371px;" colspan="3">Weighted average shares used in per share computation:</td>
<td class="hugin gnw_vertical_align_middle" style="width: 127px;" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 127px;" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 328px;" colspan="2">Basic</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">607</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">606</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 328px;" colspan="2">Diluted</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">616</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" style="width: 17px;">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 24px;">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle" style="width: 48px;">627</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle" style="width: 21px;">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_bottom" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" style="width: 26px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" style="width: 285px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" style="width: 127px;" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" style="width: 17px;">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" style="width: 127px;" colspan="3">&nbsp;</td>
</tr>
</tbody>
</table>
&nbsp;
<table class="gnw_table_border_collapse hugin">
<tbody>
<tr>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" colspan="8">&nbsp;</td>
</tr>
<tr>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" colspan="8"><strong>NVIDIA CORPORATION</strong></td>
</tr>
<tr>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" colspan="8"><strong>CONDENSED CONSOLIDATED BALANCE SHEETS</strong></td>
</tr>
<tr>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" colspan="8">(In millions)</td>
</tr>
<tr>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" colspan="8">(Unaudited)</td>
</tr>
<tr>
<td class="gnw_align_center hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" colspan="2">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" colspan="2">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" colspan="2">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" colspan="2">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" colspan="2"><strong>April 28,</strong></td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" colspan="2"><strong>January 27,</strong></td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_center hugin gnw_vertical_align_top" colspan="2"><strong>2019</strong></td>
<td class="gnw_align_center hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_center hugin gnw_vertical_align_top" colspan="2"><strong>2019</strong></td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_bottom" colspan="3"><strong>ASSETS</strong></td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" colspan="2">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" colspan="2">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" colspan="2">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" colspan="2">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" colspan="3">Current assets:</td>
<td class="gnw_align_center hugin gnw_vertical_align_middle" colspan="2">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_middle" colspan="2">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">Cash, cash equivalents and marketable securities</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">$</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">7,802</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">$</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">7,422</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">Accounts receivable, net</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">1,242</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">1,424</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">Inventories</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">1,426</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">1,575</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">Prepaid expenses and other current assets</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">159</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">136</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_align_left hugin gnw_vertical_align_middle">Total current assets</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">10,629</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">10,557</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" colspan="3">Property and equipment, net</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">1,473</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">1,404</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" colspan="3">Operating lease assets</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">536</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">-</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" colspan="3">Goodwill</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">618</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">618</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" colspan="3">Intangible assets, net</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">54</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">45</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" colspan="3">Deferred income tax assets</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">601</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">560</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" colspan="3">Other assets</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">110</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">108</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_left hugin gnw_vertical_align_middle">Total assets</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">14,021</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">13,292</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">&nbsp;</td>
</tr>
<tr>
<td class="gnw_align_left hugin gnw_vertical_align_middle" colspan="8"><strong>LIABILITIES AND SHAREHOLDERS' EQUITY</strong></td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" colspan="3">Current liabilities:</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">Accounts payable</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">$</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">368</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">$</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">511</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">Accrued and other current liabilities</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">815</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">818</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_align_left hugin gnw_vertical_align_middle">Total current liabilities</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">1,183</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">1,329</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" colspan="3">Long-term debt</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_top">1,988</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_top">1,988</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" colspan="3">Long-term operating lease liabilities</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_top">486</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">-</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle" colspan="3">Other long-term liabilities</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">660</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">633</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_align_left hugin gnw_vertical_align_middle">Total liabilities</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">4,317</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_middle">3,950</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_middle" colspan="2">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_bottom" colspan="3">Shareholders' equity</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_top">9,704</td>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_top">9,342</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="gnw_align_left hugin gnw_vertical_align_top">Total liabilities and shareholders' equity</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_bottom">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_bottom">14,021</td>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_bottom">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_right hugin gnw_vertical_align_bottom">13,292</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" colspan="2">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="hugin gnw_vertical_align_bottom" colspan="2">&nbsp;</td>
</tr>
</tbody>
</table>
&nbsp;
<table class="gnw_table_border_collapse hugin">
<tbody>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="13">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="13"><strong>&nbsp;</strong><strong>NVIDIA CORPORATION</strong><strong>&nbsp;</strong></td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="13"><strong>&nbsp;</strong><strong>RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES</strong><strong>&nbsp;</strong></td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="13">(In millions, except per share data)</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="13">(Unaudited)</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top" colspan="11"><strong>&nbsp;</strong><strong>Three Months Ended</strong><strong>&nbsp;</strong></td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="3"><strong>April 28,</strong></td>
<td class="gnw_align_center hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="3"><strong>January 27,</strong></td>
<td class="gnw_align_center hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="3"><strong>April 29,</strong></td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_center hugin gnw_vertical_align_top" colspan="3"><strong>2019</strong></td>
<td class="gnw_align_center hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_center hugin gnw_vertical_align_top" colspan="3"><strong>2019</strong></td>
<td class="gnw_align_center hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_center hugin gnw_vertical_align_top" colspan="3"><strong>2018</strong></td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="2">GAAP gross profit</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">1,296</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">1,207</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">2,068</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top"><em>&nbsp;</em></td>
<td class="hugin gnw_vertical_align_top" colspan="2"><em>&nbsp;&nbsp;</em><em>GAAP gross margin</em></td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top"><em>58.4</em><em>%</em></td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top"><em>&nbsp;</em></td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top"><em>54.7</em><em>%</em></td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top"><em>&nbsp;</em></td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top"><em>64.5</em><em>%</em></td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">Stock-based compensation expense (A)</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">4</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">6</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">8</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">Legal settlement costs</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">10</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">21</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">-</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="2">Non-GAAP gross profit</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">1,310</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">1,234</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">2,076</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="2"><em>&nbsp; Non-GAAP gross margin</em></td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top"><em>59.0</em><em>%</em></td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top"><em>56.0</em><em>%</em></td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top"><em>64.7</em><em>%</em></td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="2">GAAP operating expenses</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">938</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">913</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">773</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">Stock-based compensation expense (A)</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(174)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(150)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(121)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">Acquisition-related and other costs</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(10)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(1)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(2)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">Legal settlement costs</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(1)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(7)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(2)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="2">Non-GAAP operating expenses</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">753</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">755</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">648</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="2">GAAP income from operations</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">358</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">294</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">1,295</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">Total impact of non-GAAP adjustments to income from operations</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">199</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">185</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">133</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="2">Non-GAAP income from operations</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">557</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">479</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">1,428</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="2">GAAP other income (expense)</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">31</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">30</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">16</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">Gains from non-affiliated investments</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">-</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(1)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(6)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">Interest expense related to amortization of debt discount</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">-</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">-</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">1</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="2">Non-GAAP other income (expense)</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">31</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">29</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">11</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="2">GAAP net income</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">394</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">567</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">1,244</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">Total pre-tax impact of non-GAAP adjustments</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">199</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">184</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">128</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">Income tax impact of non-GAAP adjustments (B)</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(50)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(25)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(87)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">Tax benefit from income tax reform</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">-</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(230)</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">-</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="2">Non-GAAP net income</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">543</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">496</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">1,285</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_right hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="2">Diluted net income per share</td>
<td class="gnw_align_left hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_left hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_left hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">GAAP</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">0.64</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">0.92</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">1.98</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">Non-GAAP</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">0.88</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">0.80</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">2.05</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="2">Weighted average shares used in diluted net income per share computation</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">GAAP</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">616</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">619</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">627</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">Anti-dilution impact from note hedge</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">-</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">-</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(1)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">Non-GAAP</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">616</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">619</td>
<td class="gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">626</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="2">GAAP net cash provided by operating activities</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">720</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">898</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">1,445</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_top">Purchase of property and equipment and intangible assets</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(128)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(203)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">(118)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="2">Free cash flow</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">592</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">695</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">1,327</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_justify hugin gnw_vertical_align_top" colspan="13"><em>&nbsp;</em></td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_left_solid hugin gnw_vertical_align_bottom" colspan="2">(A) Stock-based compensation consists of the following:</td>
<td class="gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_bottom" colspan="11"><strong>Three Months Ended</strong></td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_left_solid hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="3"><strong>April 28,</strong></td>
<td class="gnw_align_center hugin gnw_vertical_align_top"><strong>&nbsp;</strong></td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="3"><strong>January 27,</strong></td>
<td class="gnw_align_center hugin gnw_vertical_align_top"><strong>&nbsp;</strong></td>
<td class="gnw_border_right_solid gnw_align_center hugin gnw_vertical_align_top" colspan="3"><strong>April 29,</strong></td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_left_solid hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center hugin gnw_vertical_align_top"><strong>2019</strong></td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top"><strong>&nbsp;</strong></td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center hugin gnw_vertical_align_top"><strong>2019</strong></td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top"><strong>&nbsp;</strong></td>
<td class="gnw_border_bottom_solid gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center hugin gnw_vertical_align_top"><strong>2018</strong></td>
<td class="gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_left_solid gnw_align_left hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_bottom">Cost of revenue</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">4</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">6</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">8</td>
<td class="gnw_border_right_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_left_solid gnw_align_left hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_bottom">Research and development</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">114</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">99</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">74</td>
<td class="gnw_border_right_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_left_solid gnw_align_left hugin gnw_vertical_align_bottom">&nbsp;</td>
<td class="gnw_label_i10 hugin gnw_vertical_align_bottom">Sales, general and administrative</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">60</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">51</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">47</td>
<td class="gnw_border_right_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_left_solid gnw_align_left gnw_border_bottom_solid gnw_border_right_solid hugin gnw_vertical_align_top" colspan="13">(B) Income tax impact of non-GAAP adjustments, including the recognition of excess tax benefits or deficiencies related to stock-based compensation under GAAP accounting standard (ASU 2016-09).</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top" colspan="14">&nbsp;</td>
</tr>
</tbody>
</table>
&nbsp;
<table class="gnw_table_border_collapse hugin">
<tbody>
<tr>
<td class="gnw_align_center hugin gnw_vertical_align_middle" colspan="5">&nbsp;</td>
</tr>
<tr>
<td class="gnw_align_center hugin gnw_vertical_align_middle" colspan="5"><strong>&nbsp;</strong><strong>NVIDIA CORPORATION</strong><strong>&nbsp;</strong></td>
</tr>
<tr>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="5"><strong>&nbsp;</strong><strong>RECONCILIATION OF GAAP TO NON-GAAP OUTLOOK</strong><strong>&nbsp;</strong></td>
</tr>
<tr>
<td class="gnw_align_center hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="gnw_align_center hugin gnw_vertical_align_bottom" colspan="5">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top" colspan="3"><strong>&nbsp;</strong><strong>Q2 FY2020
Outlook</strong><strong>&nbsp;</strong></td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top" colspan="2">GAAP gross margin</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">59.2</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">%</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_left hugin gnw_vertical_align_top">Impact of stock-based compensation expense</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">0.3</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">%</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top" colspan="2">Non-GAAP gross margin</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">59.5</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">%</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top" colspan="3"><strong>&nbsp;</strong><strong>Q2 FY2020
Outlook</strong><strong>&nbsp;</strong></td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="3">(In millions)</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="hugin gnw_vertical_align_top">&nbsp;</td>
<td class="gnw_align_center hugin gnw_vertical_align_top" colspan="3">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top" colspan="2">GAAP operating expenses</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">985</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_align_left hugin gnw_vertical_align_middle">Stock-based compensation expense, acquisition-related costs, and other costs</td>
<td class="gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">&nbsp;</td>
<td class="gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_middle">(220)</td>
<td class="gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_middle">&nbsp;</td>
</tr>
<tr>
<td class="hugin gnw_vertical_align_top" colspan="2">Non-GAAP operating expenses</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">$</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_padding_right_none gnw_align_right hugin gnw_vertical_align_top">765</td>
<td class="gnw_border_top_solid gnw_border_bottom_double gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_top">&nbsp;</td>
</tr>
<tr>
<td class="hugin" colspan="2">&nbsp;</td>
<td class="hugin">&nbsp;</td>
<td class="hugin">&nbsp;</td>
<td class="hugin">&nbsp;</td>
</tr>
</tbody>
</table>
&nbsp;

</div>
<div class="boilerplate">

<strong>About NVIDIA</strong>

NVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined modern computer graphics and revolutionized parallel computing. More recently, GPU deep learning ignited modern AI - the next era of computing - with the GPU acting as the brain of computers, robots and self-driving cars that can perceive and understand the world. More information at&nbsp;<a title="" href="https://nvidianews.nvidia.com/" target="_blank" rel="nofollow noopener noreferrer">https://nvidianews.nvidia.com/</a>.

Certain statements in this press release including, but not limited to, statements as to: NVIDIA being back on an upward trajectory; NVIDIA returning to growth in gaming with nearly 100 new GeForce Max-Q laptops shipping; NVIDIA RTX graphics gaining broad industry support, making ray tracing the standard for next-generation gaming; the near term pause in demand from hyperscale customers; AI continuing to accelerate AI adoption accelerating in the world’s largest industries moving beyond the cloud to edge and it needing to be instantaneous; NVIDIA’s excitement about the acquisition of Mellanox and it helping to drive the data center architecture for high-performance computing and AI from the cloud to the edge; NVIDIA’s intended capital return through the end of fiscal 2020; NVIDIA’s next quarterly cash dividend; NVIDIA’s financial outlook for the second quarter of fiscal 2020; NVIDIA’s expected tax rates for the second quarter of fiscal 2020; our expectation to generate variability from excess tax benefits or deficiencies; the expected accretive financial impact of the Mellanox transaction; the expected closing date of the Mellanox acquisition; the performance, benefits and abilities of our products; the availability of NVIDIA T4 Tensor Core GPUs, NVIDIA Drive Constellation and NVIDIA Isaac SDK; our partnership with top global system builders to create powerful data-science workstations; our partnership with the American College of Radiology enabling its members to create and use AI for diagnostic radiology; &nbsp;the introduction of GeForce GTX 1660 Ti, GTX 1660 and GTX 1650 and its performance and impact; the number of gaming laptop models using Turing GPUs; &nbsp;the expanded adoption of NVIDIA RTX ray-tracing technology by the world’s top 3D providers; NVIDIA Omniverse platform simplifying creative workflows for content creation; our partnership with Toyota Research Institute-Advanced Development to develop, train and validate self-driving vehicles; NVIDIA DRIVE AV Safety Force Field enabling safe, comfortable driving experiences; Jetson Nano making it possible to create millions of small, low-cost, low-power devices; our partnership with AWS IoT Greengrass to enable customers to deploy AI and deep learning to millions of connected devices; NVIDIA Jetson AI supporting Amazon Web Services RoboMaker; and our collaboration with Microsoft to make cities smarter are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

© 2019 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, CUDA-X AI, GeForce, GeForce GTX, Jetson, Jetson Nano, NVIDIA AGX, NVIDIA Clara, NVIDIA DRIVE, NVIDIA DRIVE Constellation, NVIDIA Isaac SDK, NVIDIA Omniverse, NVIDIA RTX, Quadro and Quadro RTX are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and/or other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability, and specifications are subject to change without notice.

</div>
 
Oben Unten