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NVIDIA Corp (NVDA.OQ)

NVDA.OQ on NASDAQ Stock Exchange Global Select Market

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18 Apr 2019
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Latest Key Developments (Source: Significant Developments)

Nvidia Corp Says CEO's FY 2019 Total Compensation Was $13.6 Mln
Monday, 1 Apr 2019 

April 1 (Reuters) - NVIDIA Corp ::NVIDIA CORP SAYS CEO JEN-HSUN HUANG'S FY 2019 TOTAL COMPENSATION WAS $13.6 MILLION VERSUS $13.0 MILLION IN FY 2018 - SEC FILING.NVIDIA CORP SAYS FISCAL 2019 CEO TO MEDIAN EMPLOYEE PAY RATIO WAS 88:1.  Full Article

Cognata Teams With NVIDIA For Large-Scale, Hardware-In-The-Loop Autonomous Vehicle Simulation
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Cognata::COGNATA TEAMS WITH NVIDIA FOR LARGE-SCALE, HARDWARE-IN-THE-LOOP AUTONOMOUS VEHICLE SIMULATION.COGNATA SAYS IS ONE OF THE PARTNERS WORKING WITH NVIDIA TO ACCELERATE TESTING, VALIDATION WITHIN AUTOMATED DRIVING DEVELOPMENT PROCESS.COGNATA SAYS WILL PROVIDE AI-POWERED TRAFFIC AGENTS BASED ON REAL-WORLD DRIVER BEHAVIOR.COGNATA SAYS TO ALSO PROVIDE INTERFACE TO CREATE REALISTIC SCENARIOS TO ADVANCE AUTONOMOUS VEHICLE DEVELOPMENT ON NVIDIA DRIVE CONSTELLATION PLATFORM.  Full Article

Nvidia Co Announces Jetson Nano, An AI Computer
Monday, 18 Mar 2019 

March 18 (Reuters) - NVIDIA Corp ::CO ANNOUNCES JETSON NANO, AN AI COMPUTER THAT MAKES IT POSSIBLE TO CREATE MILLIONS OF INTELLIGENT SYSTEMS.JETSON NANO COMES IN TWO VERSIONS, A $99 DEVKIT AND A $129 PRODUCTION-READY MODULE.  Full Article

NVIDIA Corp Introduces GeForce GTX 1660 Ti Gaming GPU
Friday, 22 Feb 2019 

Feb 22 (Reuters) - NVIDIA Corp ::NVIDIA CORP - INTRODUCED GEFORCE GTX 1660 TI GAMING GPU.NVIDIA CORP - GEFORCE GTX 1660 AVAILABLE WORLDWIDE STARTING AT $279..  Full Article

Nvidia Reports Qtrly GPU Business Revenue Of $1.98 Bln, Down 20 Pct
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - NVIDIA Corp ::NVIDIA CORP QTRLY GPU BUSINESS REVENUE WAS $1.98 BILLION, DOWN 20 PERCENT FROM A YEAR EARLIER.NVIDIA CORP - QTRLY AUTOMOTIVE REVENUE WAS $163 MILLION, UP 23 PERCENT FROM A YEAR EARLIER AND DOWN 5 PERCENT SEQUENTIALLY..NVIDIA CORP - INVENTORY AT END OF QUARTER WAS $1.57 BILLION, UP FROM $1.42 BILLION IN PRIOR QUARTER AND UP FROM $796 MILLION A YEAR EARLIER.NVIDIA CORP - FOR Q1 CAPITAL EXPENDITURES ARE EXPECTED TO BE APPROXIMATELY $150 MILLION TO $170 MILLION.NVIDIA CORP - SEQUENTIAL DECLINE IN DATACENTER REVENUE IN QUARTER "REFLECTS A BROAD-BASED SLOWDOWN ACROSS OUR CUSTOMERS. ".NVIDIA CORP - YEAR-ON-YEAR DECREASE IN QTRLY OEM AND IP REVENUE PRIMARILY DUE TO ABSENCE OF CRYPTO-CURRENCY MINING GPU SALES.  Full Article

NVIDIA Q4 non-GAAP Earnings Per Share $0.80
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - NVIDIA Corp ::NVIDIA ANNOUNCES FINANCIAL RESULTS FOR FOURTH QUARTER AND FISCAL 2019.Q4 GAAP EARNINGS PER SHARE $0.92.Q4 REVENUE $2.21 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.2 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.75 -- REFINITIV IBES DATA.Q4 NON-GAAP EARNINGS PER SHARE $0.80.COMBINATION OF POST-CRYPTO EXCESS CHANNEL INVENTORY AND RECENT DETERIORATING END-MARKET CONDITIONS DROVE A DISAPPOINTING QUARTER.INTENDS TO RETURN $2.30 BILLION BY END OF FISCAL 2020, THROUGH COMBINATION OF SHARE REPURCHASES AND CASH DIVIDENDS.FOR Q1 OF FISCAL 2020, REVENUE IS EXPECTED TO BE $2.20 BILLION, PLUS OR MINUS 2 PERCENT.Q1 GAAP AND NON-GAAP GROSS MARGINS ARE EXPECTED TO BE 58.8 PERCENT AND 59.0 PERCENT, RESPECTIVELY.FOR Q1, GAAP AND NON-GAAP OPERATING EXPENSES ARE EXPECTED TO BE APPROXIMATELY $930 MILLION AND $755 MILLION, RESPECTIVELY.FOR FISCAL 2020, REVENUE IS EXPECTED TO BE FLAT TO DOWN SLIGHTLY.QTRLY GAAP GROSS MARGIN 54.7 PERCENT VERSUS 61.9 PERCENT.FOR Q1, GAAP AND NON-GAAP OTHER INCOME AND EXPENSE ARE BOTH EXPECTED TO BE INCOME OF APPROXIMATELY $20 MILLION.QTRLY NON-GAAP GROSS MARGIN 56.0 PERCENT VERSUS 62.1 PERCENT.WILL PAY ITS NEXT QUARTERLY CASH DIVIDEND OF $0.16 PER SHARE ON MARCH 22, 2019.Q1 REVENUE VIEW $2.28 BILLION -- REFINITIV IBES DATA.FY2020 REVENUE VIEW $10.85 BILLION -- REFINITIV IBES DATA.  Full Article

Softbank Group's $100 Bln Technology Fund Sold Entire Stake In Nvidia - Nikkei
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - :SOFTBANK GROUP'S $100 BILLION TECHNOLOGY FUND HAS SOLD ITS ENTIRE STAKE IN U.S. CHIPMAKER NVIDIA - NIKKEI.  Full Article

Nvidia updates financial guidance for fourth quarter of fiscal year 2019
Monday, 28 Jan 2019 

Jan 28 (Reuters) - NVIDIA Corp ::NVIDIA UPDATES FINANCIAL GUIDANCE FOR FOURTH QUARTER OF FISCAL YEAR 2019.Q4 REVENUE EXPECTED TO BE $2.20 BILLION VERSUS PREVIOUS GUIDANCE OF $2.70 BILLION.GAMING AND DATACENTER REVENUE BELOW COMPANY'S EXPECTATIONS.FOR Q4, EXPECTS ITS GAAP AND NON-GAAP GROSS MARGIN TO BE IMPACTED BY APPROXIMATELY $120 MILLION IN CHARGES.UPDATED GUIDANCE FOR Q4 OF FISCAL YEAR 2019, REFLECTING WEAKER THAN FORECASTED SALES OF ITS GAMING AND DATACENTER PLATFORMS.NVIDIA - IN DATACENTER, DESPITE NEAR-TERM HEADWINDS, BELIEVES ITS COMPETITIVE POSITION IS INTACT.."Q4 WAS AN EXTRAORDINARY, UNUSUALLY TURBULENT, AND DISAPPOINTING QUARTER".NVIDIA - IN GAMING DURING Q4, DETERIORATING MACROECONOMIC CONDITIONS, PARTICULARLY IN CHINA, IMPACTED CONSUMER DEMAND FOR NVIDIA GAMING GPUS.SALES OF CERTAIN HIGH-END GPUS USING NVIDIA'S NEW TURING ARCHITECTURE WERE LOWER THAN EXPECTED IN Q4.Q4 REVENUE VIEW $2.70 BILLION -- REFINITIV IBES DATA.NVIDIA - IN DATACENTER, A NUMBER OF DEALS IN CO'S FORECAST DID NOT CLOSE IN LAST MONTH OF QUARTER AS CUSTOMERS SHIFTED TO A MORE CAUTIOUS APPROACH.SEES Q4 GAAP GROSS MARGIN OF 55.0 PCT, PLUS OR MINUS 100 BPS.SEES Q4 NON-GAAP GROSS MARGIN 56.0 PCT, PLUS OR MINUS 100 BPS.  Full Article

Meituan Signs Strategic Cooperation Agreements With Valeo, NVIDIA & Icona
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - Meituan Dianping <3690.HK>::MEITUAN ANNOUNCES INTERNATIONAL PARTNERSHIPS FOR AUTONOMOUS DELIVERY PLATFORM.MEITUAN DIANPING - SIGNED STRATEGIC COOPERATION AGREEMENTS WITH VALEO, NVIDIA & ICONA.MEITUAN DIANPING - NVIDIA WILL PROVIDE CLOSED-LOOP TECHNICAL SUPPORT FOR AUTONOMOUS DELIVERY RESEARCH AND DEVELOPMENT AND TRIAL OPERATIONS.MEITUAN DIANPING - VALEO WILL SUPPLY KEY COMPONENTS, INCLUDING ENGINES AND SENSORS, FOR MEITUAN'S AUTONOMOUS DELIVERY VEHICLES.  Full Article

Nvidia Corp Says Its Drive Autopilot To Go Into Production By Next Year
Monday, 7 Jan 2019 

NVIDIA Corp ::NVIDIA INTRODUCES DRIVE AUTOPILOT.NVIDIA CORP SAYS ITS DRIVE AUTOPILOT TO GO INTO PRODUCTION BY NEXT YEAR.NVIDIA CORP - DRIVE AUTOPILOT IS A COMMERCIALLY AVAILABLE LEVEL 2+ AUTOMATED DRIVING SYSTEM.NVIDIA - AUTOMOTIVE SUPPLIERS CONTINENTAL & ZF ANNOUNCED LEVEL 2+ SELF-DRIVING SOLUTIONS BASED ON NVIDIA DRIVE, WITH PRODUCTION STARTING IN 2020.  Full Article

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