NVDA EARNING 2022 SERIES
The RTX 30 Series also offers NVIDIA Reflex, a new technology that reduces system latency. We also announced that DLSS is now available in Unreal Engine 4 and soon in the Unity game engine, enabling game developers to accelerate frame rates with minimal effort. This quarter, we added many more, including Call of Duty, Modern Warfare, Crysis Remastered and Outriders. The RTX is a reset for graphics with over 60 accelerated games. It also features our second-generation ray tracing technology and frame rate boosting, AI-powered DLSS. The RTX 30 Series delivers our biggest generational ray tracing performance ever. This is the largest ever wave of GeForce gaming laptops, over 140 in total as OEMs address the rising demand for gamers, creators and students for NVIDIA's powered laptops. In addition, mainstream versions based on the 30 Ti will be available this summer just in time for back-to-school starting at price points as low as $799.
NVDA EARNING 2022 PC
Earlier this month, all major PC OEMs launched GeForce RTX 30 Series laptops based on the 3080, 30, as part of their spring refresh. Now Laptops continue to drive strong growth this quarter as we started ramping the Ampere GPU architecture across our lineup.
NVDA EARNING 2022 UPGRADE
With our Ampere GPU architecture now ramping across the stack in both desktops and laptops, we expect the RTX upgrade cycle to kick into high gear, as the vast majority of our GPU installed base needs to upgrade. Channel inventories are still leading and we expect to remain supply constrained into the second half of the year. Based on the Ampere GPU architecture, the 30 series has been our most successful launch ever, driving incredible demand and setting records for both desktop and laptop GPU sales. This is the third consecutive quarter of accelerating year-on-year growth beginning with the fall launch of our GeForce RTX 30 Series GPUs. Starting with Gaming, revenue of $2.8 billion was up 11% sequentially and up 106% from a year earlier.
You can find a reconciliation of these non-GAAP financial measures to GAAP financial measures in our CFO commentary, which is posted on our website.
During this call, we will discuss non-GAAP financial measures.
NVDA EARNING 2022 UPDATE
Except as required by law, we assume no obligation to update any such statements. For a discussion of factors that could affect our future financial results and business, please refer to the disclosure in today's earnings release, our most recent forms 10-K and 10-Q, and the reports that we may file on Form 8-K with the Securities and Exchange Commission.Īll our statements are made as of today, May 26, 2021, based on information currently available to us. These are subject to a number of significant risks and uncertainties, and our actual results may differ materially. It can't be reproduced or transcribed without our prior written consent.ĭuring this call, we may make forward-looking statements based on current expectations.
The content of today's call is NVIDIA's property. The webcast will be available for replay until the conference call to discuss our financial results for the second quarter of fiscal 2022. I'd like to remind you that our call is being webcast live on NVIDIA's Investor Relations website.
With me on the call today from NVIDIA are Jensen Huang, President and Chief Executive Officer and Colette Kress, Executive Vice President and Chief Financial Officer. Good afternoon, everyone, and welcome to NVIDIA's conference call for the first quarter of fiscal 2022.
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