Nvidia expects current-quarter revenue of $7.40 billion, plus or minus 2%, above analysts' average estimate of $6.86 billion, according to IBES data from Refinitiv. And the reason for that is they are easier to build,' Huang told Reuters in an interview.

'There will probably be more virtual worlds than there are websites today. The company believes about half its revenue from Omniverse will come from chips and half from software. Nvidia said it expected a $1.36 billion charge to operating expenses as a result of the Arm deal failing to close.Nvidia Chief Executive Jensen Huang said he believes Nvidia could eventually fetch up to $1,000 a year from up to 40 million virtual world creators and designers. Nvidia was in talks to purchase chip technology company Arm from SoftBank, but the company announced earlier this month that the transaction had fallen apart under regulatory scrutiny. 'We expect supply to improve each and every quarter going forward,' Huang said on a call with analysts. In a sign of how Nvidia is navigating supply chain issues, the company said it had $9 billion in long-term supply obligations, up from $2.54 billion a year ago.

It said it sold $550 million in crypto-specific cards in fiscal 2022, and only $24 million in the fourth quarter. Nvidia said nearly all of its GPUs now ship with software that prevents them from being used to mine cryptocurrency and that miners can buy specialized mining processors instead. Nvidia said that car makers' supply constraints were one reason that its automotive sales fell. It's not a primary focus for the company but represents a growth market for its chips. However, Nvidia's automotive business was down 14% to $125 million.

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