NVIDIA Corporation (NASDAQ:NVDA) Q1 2020 Earnings Conference Call Transcript

May 16, 2019 • 05:30 pm ET

Previous

NVIDIA Corporation (NASDAQ:NVDA) Q1 2020 Earnings Conference Call Transcript

Share
Close

Loading Event

Loading Transcript

Q & A
Operator
Operator

(Operator Instructions) Your first question comes from the line of Aaron Rakers with Wells Fargo.

Analyst
Aaron Rakers

Yeah. Thanks for taking the question. Colette, I was wondering if you could give a little bit more color or discussion around what exactly you've seen in the data center segment and whether or not or what you're looking for in terms of signs that we can kind of return to growth or maybe this pause is behind us. I guess what I'm really asking is kind of what's changed over the last, let's call it, three months relative to your prior commentary from a visibility perspective and just demand perspective within that segment.

Executive
Colette Kress

Sure. Thanks for the question as we start out here. I think when we had discussed our overall data center business three months ago, we did indicate that our visibility as we turned into the new calendar year was low. We had a challenge in terms of completing some of the deals at the end of that quarter. As we moved into Q1, I think we felt solid in terms of how we completed. We saw probably a combination of those moving forward continuing with their CapEx expenditures and building out in terms of what they need for the data centers. Some others are still in terms of the pause.

So as we look in terms of with Q2, I think we see a continuation of what we have in terms of the visibility, not the best visibility going forward but still rock-solid to what we think are benefits of what we provide in terms of a platform. Our overall priorities are aligned to what we see with the hyperscalers as well as the enterprises as they think about using AI in so many of their different workloads. But we'll just have to see as we go forward how this turns out. But right now, visibility probably just remains the same about as where we were when we started three months ago.

Analyst
Aaron Rakers

Okay. And then as a quick follow-up on the gaming side, last quarter, you talked about that being down -- I think it was termed as being down slightly for the full year. Is that still the expectation? Or how has that changed?

Executive
Colette Kress

So at this time, we don't plan on giving a full year overall guidance. I think our look in terms of gaming, all of the drivers that we thought about earlier in the quarter and we talked about on our Investor Day and we have continued to talk about are still definitely in line. The drivers of our gaming business and Turing RTX for the future are still on track, but we're not providing guidance at this time for the full year.

Operator
Operator

And your next question comes from the line of Harlan Sur of JP Morgan.

Analyst
Harlan Sur

Good afternoon. Thanks for taking my question. On the last earnings call, you'd mentioned China gaming demand as a headwind. At the Analyst Day in mid-March, I think Jensen had mentioned