NVIDIA Investor Conference Presentation Deck

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NVIDIA

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Technology

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September 2023

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#1NVIDIA Citi Global Technology Conference Colette Kress, Executive VP and CFO | September 7, 2023#2FORWARD-LOOKING STATEMENTS Except for the historical information contained herein, certain matters in this presentation including, but not limited to, statements as to: demand for Al and accelerated computing, our financial position, our markets and market opportunity, our growth and growth drivers, and our supply expectations are forward-looking statements. These forward-looking statements and any other forward-looking statements that go beyond historical facts that are made in this presentation are subject to risks and uncertainties that may cause actual results to differ materially. 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 and demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems and other factors. NVIDIA has based these forward-looking statements largely on its current expectations and projections about future events and trends that it believes may affect its financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks and uncertainties, and you should not rely upon the forward-looking statements as predictions of future events. The future events and trends discussed in this presentation may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Although NVIDIA believes that the expectations reflected in the forward-looking statements are reasonable, the company cannot guarantee that future results, levels of activity, performance, achievements or events and circumstances reflected in the forward- looking statements will occur. Except as required by law, NVIDIA disclaims any obligation to update these forward- looking statements to reflect future events or circumstances. For a complete discussion of factors that could materially affect our financial results and operations, please refer to the reports we file from time to time with the SEC, including our most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Copies of reports we file with the SEC are posted on our website and are available from NVIDIA without charge. NVIDIA |#3Data Center Gaming Other $5,931M 65% Q3 FY23 $6,051 M 60% Q4 FY23 NVIDIA Revenue Tremendous demand for Al and accelerated computing $7,192M 60% Q1 FY24 $13,507M 76% Q2 FY24 US ■ Other $5,931M 36% Q3 FY23 $6,051M 37% Q4 FY23 $7,192M 33% Q1 FY24 $13,507M 45% Q2 FY24 NVIDIA |#4Revenue FY20 FY21 Data Center at a Tipping Point FY22 Source: Mercury Research Assumes NVIDIA Fiscal Year aligns to Calendar Year (e.g. FY23 = CY22) FY23 NVIDIA Data Center Server CPU Q2 FY24 Annualized NVIDIA |#5Revenue FY20 Addressing the Entire Data Center $1T+ data center infrastructure installed base FY21 FY22 Source: Mercury Research, Dell'Oro Assumes NVIDIA Fiscal Year aligns to Calendar Year (e.g. FY23 = CY22) FY23 Other Data Center Infrastructure Network Infrastructure Servers NVIDIA Data Center Server CPU Q2 FY24 Annualized NVIDIA |#6Full-Stack & Data Center Scale Acceleration Significant cost savings and workload scaling Classical Computing - 960 CPU-only servers Application CPU server racks LLM Workload: Bert-Large Training and Inference | CPU Server: Dual-EYPC 7763 GPU Server: Dual-EPYC 7763 + 8X H100 PCIe GPUs Accelerated Computing - 2 GPU servers Application Re-Engineered for Acceleration CUDA-X Acceleration Libraries Magnum 10 25X lower cost 84X better energy-efficiency NVIDIA |#7NVIDIA Data Center Networking Growth Turbocharged by Al Ethernet & Other InifiniBand Q1 FY21* 4X Q2 FY24 *Most recent quarter prior to Mellanox close, which occurred on April 27, 2020 7X NVIDIA#8Inventories $4.5B Q3 FY23 Ramping Supply to Meet Tremendous Demand Supply expected to increase each quarter through next year $5.2B Q4 FY23 $4.6B Q1 FY24 $4.3B Q2 FY24 NVIDIA |#9Prepaid Supply and Capacity Agreements Purchase Obligations Inventories $14.6B Ramping Supply to Meet Tremendous Demand Supply expected to increase each quarter through next year Q3 FY23 $13.5B Q4 FY23 $15.3B Q1 FY24 Total Supply defined as: Inventories + Purchase Obligations + Prepaid Supply and Capacity Agreements Purchase Obligations defined as: outstanding inventory purchase and long-term supply and capacity obligations $19.3B Q2 FY24 NVIDIA |#10$1 Trillion Long-Term Annual Market Opportunity Gaming $100B NVIDIA AI Enterprise Software $150B Omniverse Enterprise Chips & Systems $300B Software $150B Automotive $300B NVIDIA#11NVIDIA

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