NVIDIA CORP, 10-Q filed on 11/21/2023
Quarterly Report
v3.23.3
Cover - shares
shares in Millions
 9 Months Ended
Oct. 29, 2023
Nov. 17, 2023
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Oct. 29, 2023  
Document Transition Report false  
Entity File Number 0-23985  
Entity Registrant Name NVIDIA CORP  
Entity Incorporation, State or Country Code DE  
Entity Tax Identification Number 94-3177549  
Entity Address, Address Line One 2788 San Tomas Expressway  
Entity Address, City or Town Santa Clara  
Entity Address, State or Province CA  
Entity Address, Postal Zip Code 95051  
City Area Code 408  
Local Phone Number 486-2000  
Title of 12(b) Security Common Stock, $0.001 par value per share  
Trading Symbol NVDA  
Security Exchange Name NASDAQ  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   2,470
Entity Central Index Key 0001045810  
Current Fiscal Year End Date --01-28  
Document Fiscal Year Focus 2024  
Document Fiscal Period Focus Q3  
Amendment Flag false  
v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 29, 2023
Oct. 30, 2022
Income Statement [Abstract]        
Revenue $ 18,120 $ 5,931 $ 38,819 $ 20,923
Cost of revenue 4,720 2,754 11,309 9,400
Gross profit 13,400 3,177 27,510 11,523
Operating expenses        
Research and development 2,294 1,945 6,210 5,387
Sales, general and administrative 689 631 1,942 1,815
Acquisition termination cost 0 0 0 1,353
Total operating expenses 2,983 2,576 8,152 8,555
Operating income 10,417 601 19,358 2,968
Interest income 234 88 572 152
Interest expense (63) (65) (194) (198)
Other, net (66) (11) (24) (29)
Other income (expense), net 105 12 354 (75)
Income before income tax 10,522 613 19,712 2,893
Income tax expense (benefit) 1,279 (67) 2,237 (61)
Net income $ 9,243 $ 680 $ 17,475 $ 2,954
Net income per share:        
Basic (in dollars per share) $ 3.75 $ 0.27 $ 7.07 $ 1.18
Diluted (in dollars per share) $ 3.71 $ 0.27 $ 7.01 $ 1.17
Weighted average shares used in per share computation:        
Basic (in shares) 2,468 2,483 2,470 2,495
Diluted (in shares) 2,494 2,499 2,494 2,517
v3.23.3
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 29, 2023
Oct. 30, 2022
Statement of Comprehensive Income [Abstract]        
Net income $ 9,243 $ 680 $ 17,475 $ 2,954
Available-for-sale securities:        
Net change in unrealized gain (loss) 0 (18) 7 (53)
Reclassification adjustments for net realized gain included in net income 0 0 0 1
Net change in unrealized gain (loss) 0 (18) 7 (52)
Cash flow hedges:        
Net change in unrealized loss (23) (14) (14) (44)
Reclassification adjustments for net realized loss included in net income (14) (1) (38) (16)
Net change in unrealized loss (37) (15) (52) (60)
Other comprehensive loss, net of tax (37) (33) (45) (112)
Total comprehensive income $ 9,206 $ 647 $ 17,430 $ 2,842
v3.23.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 29, 2023
Jan. 29, 2023
Current assets:    
Cash and cash equivalents $ 5,519 $ 3,389
Marketable securities 12,762 9,907
Accounts receivable, net 8,309 3,827
Inventories 4,779 5,159
Prepaid expenses and other current assets 1,289 791
Total current assets 32,658 23,073
Property and equipment, net 3,844 3,807
Operating lease assets 1,316 1,038
Goodwill 4,430 4,372
Intangible assets, net 1,251 1,676
Deferred income tax assets 5,982 3,396
Other assets 4,667 3,820
Total assets 54,148 41,182
Current liabilities:    
Accounts payable 2,380 1,193
Accrued and other current liabilities 5,472 4,120
Short-term debt 1,249 1,250
Total current liabilities 9,101 6,563
Long-term debt 8,457 9,703
Long-term operating lease liabilities 1,091 902
Other long-term liabilities 2,234 1,913
Total liabilities 20,883 19,081
Commitments and contingencies
Shareholders’ equity:    
Preferred stock 0 0
Common stock 2 2
Additional paid-in capital 12,991 11,971
Accumulated other comprehensive loss (88) (43)
Retained earnings 20,360 10,171
Total shareholders' equity 33,265 22,101
Total liabilities and shareholders' equity $ 54,148 $ 41,182
v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock Outstanding
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Retained Earnings
Beginning balance, common stock outstanding (in shares) at Jan. 30, 2022   2,506.0      
Beginning balances, shareholders' equity at Jan. 30, 2022 $ 26,612 $ 3 $ 10,385 $ (11) $ 16,235
Increase (Decrease) in Shareholders' Equity          
Net income 2,954       2,954
Other comprehensive loss (112)     (112)  
Issuance of common stock from stock plans (in shares)   24.0      
Issuance of common stock from stock plans  349   349    
Tax withholding related to vesting of restricted stock units (in shares)   (6.0)      
Tax withholding related to vesting of restricted stock units $ (1,131)   (1,131)    
Shares repurchased (in shares) (56.0) (56.0)      
Shares repurchased $ (8,988) $ (1) (3)   (8,984)
Cash dividends declared and paid (300)       (300)
Stock-based compensation 1,965   1,965    
Ending balance, common stock outstanding (in shares) at Oct. 30, 2022   2,468.0      
Ending balances, shareholders' equity at Oct. 30, 2022 21,349 $ 2 11,565 (123) 9,905
Beginning balance, common stock outstanding (in shares) at Jul. 31, 2022   2,489.0      
Beginning balances, shareholders' equity at Jul. 31, 2022 23,851 $ 2 10,968 (90) 12,971
Increase (Decrease) in Shareholders' Equity          
Net income 680       680
Other comprehensive loss (33)     (33)  
Issuance of common stock from stock plans (in shares)   9.0      
Issuance of common stock from stock plans  143   143    
Tax withholding related to vesting of restricted stock units (in shares)   (2.0)      
Tax withholding related to vesting of restricted stock units $ (294)   (294)    
Shares repurchased (in shares) (28.0) (28.0)      
Shares repurchased $ (3,647)   (1)   (3,646)
Cash dividends declared and paid (100)       (100)
Stock-based compensation 749   749    
Ending balance, common stock outstanding (in shares) at Oct. 30, 2022   2,468.0      
Ending balances, shareholders' equity at Oct. 30, 2022 21,349 $ 2 11,565 (123) 9,905
Beginning balance, common stock outstanding (in shares) at Jan. 29, 2023   2,466.0      
Beginning balances, shareholders' equity at Jan. 29, 2023 22,101 $ 2 11,971 (43) 10,171
Increase (Decrease) in Shareholders' Equity          
Net income 17,475       17,475
Other comprehensive loss (45)     (45)  
Issuance of common stock from stock plans (in shares)   21.0      
Issuance of common stock from stock plans  403   403    
Tax withholding related to vesting of restricted stock units (in shares)   (5.0)      
Tax withholding related to vesting of restricted stock units $ (1,942)   (1,942)    
Shares repurchased (in shares) (15.9) (16.0)      
Shares repurchased $ (7,005)   (15)   (6,990)
Cash dividends declared and paid (296)       (296)
Stock-based compensation 2,574   2,574    
Ending balance, common stock outstanding (in shares) at Oct. 29, 2023   2,466.0      
Ending balances, shareholders' equity at Oct. 29, 2023 33,265 $ 2 12,991 (88) 20,360
Beginning balance, common stock outstanding (in shares) at Jul. 30, 2023   2,469.0      
Beginning balances, shareholders' equity at Jul. 30, 2023 27,501 $ 2 12,629 (51) 14,921
Increase (Decrease) in Shareholders' Equity          
Net income 9,243       9,243
Other comprehensive loss (37)     (37)  
Issuance of common stock from stock plans (in shares)   7.0      
Issuance of common stock from stock plans  157   157    
Tax withholding related to vesting of restricted stock units (in shares)   (2.0)      
Tax withholding related to vesting of restricted stock units $ (764)   (764)    
Shares repurchased (in shares) (8.3) (8.0)      
Shares repurchased $ (3,719)   (14)   (3,705)
Cash dividends declared and paid (99)       (99)
Stock-based compensation 983   983    
Ending balance, common stock outstanding (in shares) at Oct. 29, 2023   2,466.0      
Ending balances, shareholders' equity at Oct. 29, 2023 $ 33,265 $ 2 $ 12,991 $ (88) $ 20,360
v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (Parenthetical) - $ / shares
 3 Months Ended 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 29, 2023
Oct. 30, 2022
Statement of Stockholders' Equity [Abstract]        
Common stock, dividends per share, declared and paid (in dollars per share) $ 0.04 $ 0.04 $ 0.12 $ 0.12
v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Cash flows from operating activities:    
Net income $ 17,475 $ 2,954
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 2,555 1,971
Depreciation and amortization 1,121 1,118
Losses on investments in non-affiliates 24 35
Deferred income taxes (2,411) (1,517)
Acquisition termination cost 0 1,353
Other (170) (27)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (4,482) (258)
Inventories 405 (1,848)
Prepaid expenses and other assets (337) (1,307)
Accounts payable 1,250 (358)
Accrued and other current liabilities 953 1,175
Other long-term liabilities 208 102
Net cash provided by operating activities 16,591 3,393
Cash flows from investing activities:    
Proceeds from maturities of marketable securities 8,001 16,792
Proceeds from sales of marketable securities 0 1,806
Purchases of marketable securities (10,688) (9,764)
Purchases related to property and equipment and intangible assets (815) (1,324)
Acquisitions, net of cash acquired (83) (49)
Investments in non-affiliates and other, net (872) (83)
Net cash provided by (used in) investing activities (4,457) 7,378
Cash flows from financing activities:    
Proceeds related to employee stock plans 403 349
Payments related to repurchases of common stock (6,874) (8,826)
Repayment of debt (1,250) 0
Payments related to tax on restricted stock units (1,942) (1,131)
Dividends paid (296) (300)
Principal payments on property and equipment and intangible assets (44) (54)
Other (1) 1
Net cash used in financing activities (10,004) (9,961)
Change in cash, cash equivalents, and restricted cash 2,130 810
Cash, cash equivalents, and restricted cash at beginning of period 3,389 1,990
Cash, cash equivalents, and restricted cash at end of period 5,519 2,800
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net $ 4,676 $ 1,372
v3.23.3
Summary of Significant Accounting Policies
 9 Months Ended
Oct. 29, 2023
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies Summary of Significant Accounting Policies
Basis of Presentation
The accompanying unaudited condensed consolidated financial statements were prepared in accordance with accounting principles generally accepted in the United States of America, or U.S. GAAP, for interim financial information and with the instructions to Form 10-Q and Article 10 of Securities and Exchange Commission, or SEC, Regulation S-X. The January 29, 2023 consolidated balance sheet was derived from our audited consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended January 29, 2023, as filed with the SEC, but does not include all disclosures required by U.S. GAAP. In the opinion of management, all adjustments, consisting only of normal recurring adjustments considered necessary for a fair statement of results of operations and financial position, have been included. The results for the interim periods presented are not necessarily indicative of the results expected for any future period. The following information should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended January 29, 2023. 
Significant Accounting Policies
There have been no material changes to our significant accounting policies disclosed in Note 1 - Organization and Summary of Significant Accounting Policies, of the Notes to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended January 29, 2023.
Fiscal Year
We operate on a 52- or 53-week year, ending on the last Sunday in January. Fiscal years 2024 and 2023 are both 52-week years. The third quarters of fiscal years 2024 and 2023 were both 13-week quarters.
Reclassifications
Certain prior fiscal year balances have been reclassified to conform to the current fiscal year presentation.
Principles of Consolidation
Our condensed consolidated financial statements include the accounts of NVIDIA Corporation and our wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates
The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ materially from our estimates. On an on-going basis, we evaluate our estimates, including those related to revenue recognition, cash equivalents and marketable securities, accounts receivable, inventories, income taxes, goodwill, stock-based compensation, litigation, investigation and settlement costs, restructuring and other charges, property, plant, and equipment, and other contingencies. These estimates are based on historical facts and various other assumptions that we believe are reasonable.
In February 2023, we completed an assessment of the useful lives of our property, plant, and equipment. Based on advances in technology and usage rate, we increased the estimated useful life of a majority of our server, storage, and network equipment from three to a range of four to five years, and our assembly and test equipment from five to seven years. This change in accounting estimate became effective at the beginning of fiscal year 2024. Based on the carrying amounts of a majority of our server, storage, network, and assembly and test equipment, net, in use as of the end of fiscal year 2023, the estimated effect of this change for the three months ended October 29, 2023 was a benefit of $17 million and $24 million for cost of revenue and operating expenses, respectively, which resulted in an increase in operating income of $41 million and net income of $36 million after tax, or $0.01 per both basic and diluted share. The estimated effect of this change for the first nine months of fiscal year 2024 was a benefit of $24 million and $83 million
for cost of revenue and operating expenses, respectively, which resulted in an increase in operating income of $107 million and net income of $91 million after tax, or $0.04 per both basic and diluted share.
v3.23.3
Business Combination
 9 Months Ended
Oct. 29, 2023
Business Combination and Asset Acquisition [Abstract]  
Business Combination Business Combination
Termination of the Arm Share Purchase Agreement
In February 2022, NVIDIA and SoftBank Group Corp, or SoftBank, announced the termination of the Share Purchase Agreement whereby NVIDIA would have acquired Arm Limited, or Arm, from SoftBank. The parties agreed to terminate due to significant regulatory challenges preventing the completion of the transaction. We recorded an acquisition termination cost of $1.35 billion in fiscal year 2023 reflecting the write-off of the prepayment provided at signing.
v3.23.3
Leases
 9 Months Ended
Oct. 29, 2023
Leases [Abstract]  
Leases Leases
Our lease obligations primarily consist of operating leases for our headquarters complex, domestic and international office facilities, and data center space, with lease periods expiring between fiscal years 2024 and 2035.
Future minimum lease payments under our non-cancelable operating leases as of October 29, 2023 are as follows:
Operating Lease Obligations
 (In millions)
Fiscal Year: 
2024 (excluding first nine months of fiscal year 2024)
$84 
2025269 
2026248 
2027233 
2028220 
2029 and thereafter
454 
Total1,508 
Less imputed interest187 
Present value of net future minimum lease payments1,321 
Less short-term operating lease liabilities230 
Long-term operating lease liabilities$1,091 
In addition, we have operating leases, primarily for our data centers, that are expected to commence between the fourth quarter of fiscal year 2024 and fiscal year 2025 with lease terms of 3 to 10 years for $924 million.
Operating lease expenses were $69 million and $49 million for the third quarter of fiscal years 2024 and 2023, respectively, and $195 million and $139 million for the first nine months of fiscal years 2024 and 2023, respectively. Short-term and variable lease expenses for the third quarter and first nine months of fiscal years 2024 and 2023 were not significant.
Other information related to leases was as follows:
Nine Months Ended
October 29, 2023October 30, 2022
 (In millions)
Supplemental cash flows information 
Operating cash flows used for operating leases$200 $134 
Operating lease assets obtained in exchange for lease obligations$439 $213 
As of October 29, 2023, our operating leases had a weighted average remaining lease term of 6.3 years and a weighted average discount rate of 3.64%. As of January 29, 2023, our operating leases had a weighted average remaining lease term of 6.8 years and a weighted average discount rate of 3.21%.
v3.23.3
Stock-Based Compensation
 9 Months Ended
Oct. 29, 2023
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation
Our stock-based compensation expense is associated with restricted stock units, or RSUs, performance stock units that are based on our corporate financial performance targets, or PSUs, performance stock units that are based on market conditions, or market-based PSUs, and our employee stock purchase plan, or ESPP.
Our Condensed Consolidated Statements of Income include stock-based compensation expense, net of amounts allocated to inventory, as follows:
 Three Months EndedNine Months Ended
 October 29,
2023		October 30,
2022		October 29,
2023		October 30,
2022
(In millions)
Cost of revenue$38 $32 $96 $108 
Research and development701 530 1,826 1,365 
Sales, general and administrative240 183 633 498 
Total$979 $745 $2,555 $1,971 
Equity Award Activity
The following is a summary of our equity award transactions under our equity incentive plans:
RSUs, PSUs, and Market-based PSUs Outstanding
 Number of SharesWeighted Average Grant-Date Fair Value Per Share
(In millions, except per share data)
Balances, January 29, 202345 $158.45 
Granted13 $364.52 
Vested(16)$141.02 
Canceled and forfeited(1)$201.49 
Balances, October 29, 202341 $230.11 
As of October 29, 2023, there was $9.03 billion of aggregate unearned stock-based compensation expense. This amount is expected to be recognized over a weighted average period of 2.6 years for RSUs, PSUs, and market-based PSUs, and 11 months for ESPP.
v3.23.3
Net Income Per Share
 9 Months Ended
Oct. 29, 2023
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
The following is a reconciliation of the denominator of the basic and diluted net income per share computations for the periods presented:
 Three Months EndedNine Months Ended
October 29,October 30,October 29,October 30,
2023202220232022
 (In millions, except per share data)
Numerator:  
Net income$9,243 $680 $17,475 $2,954 
Denominator:
Basic weighted average shares2,468 2,483 2,470 2,495 
Dilutive impact of outstanding equity awards26 16 24 22 
Diluted weighted average shares2,494 2,499 2,494 2,517 
Net income per share:
Basic (1)$3.75 $0.27 $7.07 $1.18 
Diluted (2)$3.71 $0.27 $7.01 $1.17 
Equity awards excluded from diluted net income per share because their effect would have been anti-dilutive1 36 14 29 
(1)    Calculated as net income divided by basic weighted average shares.
(2)    Calculated as net income divided by diluted weighted average shares.
Diluted net income per share is computed using the weighted average number of common and potentially dilutive shares outstanding during the period, using the treasury stock method. Any anti-dilutive effect of equity awards outstanding is not included in the computation of diluted net income per share.
v3.23.3
Income Taxes
 9 Months Ended
Oct. 29, 2023
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
Income tax was an expense of $1.28 billion and $2.24 billion for the third quarter and first nine months of fiscal year 2024, respectively, and a benefit of $67 million and $61 million for the third quarter and first nine months of fiscal year 2023, respectively. Income tax as a percentage of income before income tax was an expense of 12.2% and 11.3% for the third quarter and first nine months of fiscal year 2024, respectively, and a benefit of 10.9% and 2.1% for the third quarter and first nine months of fiscal year 2023, respectively.

During the third quarter of fiscal year 2024, the Internal Revenue Service, or IRS, audit of our federal income tax returns for fiscal years 2018 and 2019 was resolved. We recognized a non-cash net benefit of $145 million, related to this IRS audit resolution, for effectively settled positions. This benefit consists of a reduction in unrecognized tax benefits of $236 million and related accrued interest of $17 million, net of federal benefit partially offset by additional cash tax payments and reductions in tax attribute carryforwards of $108 million.

The effective tax rate increased due to a decreased impact of tax benefits from the foreign-derived intangible income deduction, stock-based compensation, and the U.S. federal research tax credit, relative to the increase in income before income tax. The increase in the effective tax rate was partially offset by a benefit due to the IRS audit resolution.

Our effective tax rates for the first nine months of fiscal years 2024 and 2023 were lower than the U.S. federal statutory rate of 21% due to tax benefits from the foreign-derived intangible income deduction, stock-based compensation and the U.S. federal research tax credit. Our effective tax rate for the first nine months of fiscal year 2024 was additionally benefited by the IRS audit resolution.
Other than the IRS audit resolution, for the first nine months of fiscal year 2024, there were no material changes to our tax years that remain subject to examination by major tax jurisdictions. Additionally, there have been no other material changes to our unrecognized tax benefits and any related interest or penalties since the fiscal year ended January 29, 2023. While we believe that we have adequately provided for all uncertain tax positions, or tax positions where we believe it is not more-likely-than-not that the position will be sustained upon review, amounts asserted by tax authorities could be greater or less than our accrued position. Accordingly, our provisions on federal, state and foreign tax related matters to be recorded in the future may change as revised estimates are made or the underlying matters are settled or otherwise resolved with the respective tax authorities. As of October 29, 2023, we do not believe that our estimates, as otherwise provided for, on such tax positions will significantly increase or decrease within the next 12 months.
v3.23.3
Cash Equivalents and Marketable Securities
 9 Months Ended
Oct. 29, 2023
Investments, Debt and Equity Securities [Abstract]  
Cash Equivalents and Marketable Securities Cash Equivalents and Marketable Securities 
Our cash equivalents and marketable securities related to debt securities are classified as “available-for-sale” debt securities.
The following is a summary of cash equivalents and marketable securities:
 October 29, 2023
Amortized
Cost		Unrealized
Gain		Unrealized
Loss		Estimated
Fair Value		Reported as
 Cash EquivalentsMarketable Securities
 (In millions)
Corporate debt securities$6,937 $1 $(20)$6,918 $1,714 $5,204 
Debt securities issued by the U.S. Treasury5,075 1 (24)5,052 — 5,052 
Money market funds3,190 — — 3,190 3,190 — 
Debt securities issued by U.S. government agencies2,316 — (5)2,311 100 2,211 
Certificates of deposit418 — — 418 198 220 
Foreign government bonds175 — — 175 100 75 
Total$18,111 $2 $(49)$18,064 $5,302 $12,762 
 January 29, 2023
Amortized
Cost		Unrealized
Gain		Unrealized
Loss		Estimated
Fair Value		Reported as
 Cash EquivalentsMarketable Securities
 (In millions)
Corporate debt securities$4,809 $— $(12)$4,797 $1,087 $3,710 
Debt securities issued by the U.S. Treasury4,185 1 (44)4,142 — 4,142 
Debt securities issued by U.S. government agencies1,836 — (2)1,834 50 1,784 
Money market funds1,777 — — 1,777 1,777 — 
Certificates of deposit365 — — 365 134 231 
Foreign government bonds140 — — 140 100 40 
Total$13,112 $1 $(58)$13,055 $3,148 $9,907 
The following tables provide the breakdown of unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous loss position:
October 29, 2023
 Less than 12 Months12 Months or GreaterTotal
 Estimated Fair ValueGross Unrealized LossEstimated Fair ValueGross Unrealized LossEstimated Fair ValueGross Unrealized Loss
 (In millions)
Corporate debt securities$2,773 $(16)$852 $(4)$3,625 $(20)
Debt securities issued by the U.S. Treasury2,098 (12)1,371 (12)3,469 (24)
Debt securities issued by U.S. government agencies1,447 (5)— — 1,447 (5)
Total$6,318 $(33)$2,223 $(16)$8,541 $(49)
January 29, 2023
 Less than 12 Months12 Months or GreaterTotal
 Estimated Fair ValueGross Unrealized LossEstimated Fair ValueGross Unrealized LossEstimated Fair ValueGross Unrealized Loss
 (In millions)
Debt securities issued by the U.S. Treasury$2,444 $(21)$1,172 $(23)$3,616 $(44)
Corporate debt securities1,188 (7)696 (5)1,884 (12)
Debt securities issued by U.S. government agencies1,307 (2)— — 1,307 (2)
Total$4,939 $(30)$1,868 $(28)$6,807 $(58)
The gross unrealized losses are related to fixed income securities, driven primarily by changes in interest rates. Net realized gains and losses were not significant for all periods presented.
The amortized cost and estimated fair value of cash equivalents and marketable securities are shown below by contractual maturity.
October 29, 2023January 29, 2023
Amortized CostEstimated Fair ValueAmortized CostEstimated Fair Value
(In millions)
Less than one year$11,405 $11,388 $9,738 $9,708 
Due in 1 - 5 years6,706 6,676 3,374 3,347 
Total$18,111 $18,064 $13,112 $13,055 
v3.23.3
Fair Value of Financial Assets and Liabilities
 9 Months Ended
Oct. 29, 2023
Fair Value Disclosures [Abstract]  
Fair Value of Financial Assets and Liabilities Fair Value of Financial Assets and Liabilities
The fair values of our financial assets and liabilities are determined using quoted market prices of identical assets or quoted market prices of similar assets from active markets. We review fair value hierarchy classification on a quarterly basis.
Fair Value at
Pricing CategoryOctober 29, 2023January 29, 2023
(In millions)
Assets
Cash equivalents and marketable securities:
Money market fundsLevel 1$3,190 $1,777 
Corporate debt securitiesLevel 2$6,918 $4,797 
Debt securities issued by the U.S. TreasuryLevel 2$5,052 $4,142 
Debt securities issued by U.S. government agenciesLevel 2$2,311 $1,834 
Certificates of depositLevel 2$418 $365 
Foreign government bondsLevel 2$175 $140 
Other assets (Investments in non-affiliated entities):
Publicly-held equity securitiesLevel 1$153 $11 
Privately-held equity securitiesLevel 3$1,019 $288 
Liabilities (1)
0.309% Notes Due 2023
Level 2$— $1,230 
0.584% Notes Due 2024
Level 2$1,212 $1,185 
3.20% Notes Due 2026
Level 2$945 $966 
1.55% Notes Due 2028
Level 2$1,060 $1,099 
2.85% Notes Due 2030
Level 2$1,289 $1,364 
2.00% Notes Due 2031
Level 2$981 $1,044 
3.50% Notes Due 2040
Level 2$756 $870 
3.50% Notes Due 2050
Level 2$1,388 $1,637 
3.70% Notes Due 2060
Level 2$342 $410 

(1)    These liabilities are carried on our Condensed Consolidated Balance Sheets at their original issuance value, net of unamortized debt discount and issuance costs.
v3.23.3
Amortizable Intangible Assets and Goodwill
 9 Months Ended
Oct. 29, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Amortizable Intangible Assets and Goodwill Amortizable Intangible Assets and Goodwill
The components of our amortizable intangible assets are as follows:
 October 29, 2023January 29, 2023
 Gross
Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount
 (In millions)
Acquisition-related intangible assets$2,642 $(1,584)$1,058 $3,093 $(1,614)$1,479 
Patents and licensed technology450 (257)193 446 (249)197 
Total intangible assets$3,092 $(1,841)$1,251 $3,539 $(1,863)$1,676 
Amortization expense associated with intangible assets was $144 million and $471 million for the third quarter and first nine months of fiscal year 2024, respectively, and $181 million and $518 million for the third quarter and first nine months of fiscal year 2023, respectively.
The following table outlines the estimated future amortization expense related to the net carrying amount of intangible assets as of October 29, 2023:
Future Amortization Expense
 (In millions)
Fiscal Year: 
2024 (excluding first nine months of fiscal year 2024)
$143 
2025554 
2026259 
2027149 
202837 
2029 and thereafter109 
Total$1,251 
In the first nine months of fiscal year 2024, goodwill increased by $58 million from an acquisition, and was assigned to our Compute & Networking segment.
v3.23.3
Balance Sheet Components
 9 Months Ended
Oct. 29, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Components Balance Sheet Components 
Two customers each accounted for 11% of our accounts receivable balance as of October 29, 2023. Two customers accounted for 14% and 11% of our accounts receivable balance as of January 29, 2023.
Certain balance sheet components are as follows:
October 29,January 29,
 20232023
Inventories (1):(In millions)
Raw materials$1,663 $2,430 
Work in-process1,338 466 
Finished goods1,778 2,263 
Total inventories$4,779 $5,159 
(1)    During the third quarter of fiscal years 2024 and 2023, we recorded an inventory provision of approximately $208 million and $354 million, respectively, in cost of revenue.

October 29,January 29,
 20232023
Other Assets:(In millions)
Prepaid supply and capacity agreements (1)$2,927 $2,989 
Investments in non-affiliated entities1,172 299 
Prepaid royalties369 387 
Prepaid cloud services60 23 
Other139 122 
Total other assets$4,667 $3,820 
(1)    As of October 29, 2023 and January 29, 2023, there were an additional $743 million and $458 million of short-term prepaid supply and capacity agreements included in Prepaid expenses and other current assets, respectively.
October 29,January 29,
 20232023
Accrued and Other Current Liabilities:(In millions)
Customer program accruals$1,771 $1,196 
Excess inventory purchase obligations (1)1,280 954 
Accrued payroll and related expenses516 530 
Deferred revenue (2)513 354 
Taxes payable420 467 
Product warranty and return provisions299 108 
Operating leases230 176 
Licenses and royalties150 149 
Unsettled share repurchases117 — 
Other176 186 
Total accrued and other current liabilities$5,472 $4,120 
(1)    During the third quarter of fiscal years 2024 and 2023, we recorded an expense of approximately $473 million and $348 million, respectively, in cost of revenue for inventory purchase obligations in excess of our current demand projections, supplier charges and for penalties related to cancellations and underutilization.
(2)    Deferred revenue primarily includes customer advances and deferrals related to license and development arrangements, support for hardware and software, and cloud services.
October 29,January 29,
 20232023
Other Long-Term Liabilities:(In millions)
Income tax payable (1)$1,206 $1,204 
Deferred revenue (2)425 218 
Deferred income tax424 247 
Licenses payable113 181 
Other66 63 
Total other long-term liabilities$2,234 $1,913 
(1)    Income tax payable is comprised of the long-term portion of the one-time transition tax payable, unrecognized tax benefits, and related interest and penalties.
(2)    Deferred revenue primarily includes deferrals related to support for hardware and software.
Deferred Revenue
The following table shows the changes in deferred revenue during the first nine months of fiscal years 2024 and 2023:
October 29,October 30,
 20232022
(In millions)
Balance at beginning of period$572 $502 
Deferred revenue additions during the period1,269 577 
Revenue recognized during the period(903)(528)
Balance at end of period$938 $551 
Revenue allocated to remaining performance obligations, which includes deferred revenue and amounts that will be invoiced and recognized as revenue in future periods, was $896 million as of October 29, 2023. We expect to recognize approximately 42% of this revenue over the next twelve months and the remainder thereafter. This excludes revenue related to performance obligations for contracts with a length of one year or less.
v3.23.3
Derivative Financial Instruments
 9 Months Ended
Oct. 29, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Financial Instruments Derivative Financial Instruments
We enter into foreign currency forward contracts to mitigate the impact of foreign currency exchange rate movements on our operating expenses. These contracts are designated as cash flow hedges for hedge accounting treatment. Gains or losses on the contracts are recorded in accumulated other comprehensive income or loss and reclassified to operating expense when the related operating expenses are recognized in earnings or ineffectiveness should occur.
We also enter into foreign currency forward contracts to mitigate the impact of foreign currency movements on monetary assets and liabilities that are denominated in currencies other than the U.S. dollar. These forward contracts were not designated for hedge accounting treatment. Therefore, the change in fair value of these contracts is recorded in other income or expense and offsets the change in fair value of the hedged foreign currency denominated monetary assets and liabilities, which is also recorded in other income or expense.
The table below presents the notional value of our foreign currency forward contracts outstanding:
 October 29,
2023		January 29,
2023
(In millions)
Designated as cash flow hedges$1,148 $1,128 
Non-designated hedges$365 $366 
The unrealized gains and losses or fair value of our foreign currency forward contracts was not significant as of October 29, 2023 and January 29, 2023.
As of October 29, 2023, all designated foreign currency forward contracts mature within 18 months. The expected realized gains and losses deferred into accumulated other comprehensive income or loss related to foreign currency forward contracts within the next twelve months was not significant.
During the first nine months of fiscal years 2024 and 2023, the impact of derivative financial instruments designated for hedge accounting treatment on other comprehensive income or loss was not significant and all such instruments were determined to be highly effective.
v3.23.3
Debt
 9 Months Ended
Oct. 29, 2023
Debt Disclosure [Abstract]  
Debt Debt
Long-Term Debt
The carrying value of our outstanding notes, the calendar year of maturity, and the associated interest rates were as follows:
Carrying Value at
Expected
Remaining Term (years)		Effective
Interest Rate		October 29, 2023January 29, 2023
(In millions)
0.309% Notes Due 2023
—0.41%$— $1,250 
0.584% Notes Due 2024
0.60.66%1,250 1,250 
3.20% Notes Due 2026
2.93.31%1,000 1,000 
1.55% Notes Due 2028
4.61.64%1,250 1,250 
2.85% Notes Due 2030
6.42.93%1,500 1,500 
2.00% Notes Due 2031
7.62.09%1,250 1,250 
3.50% Notes Due 2040
16.43.54%1,000 1,000 
3.50% Notes Due 2050
26.43.54%2,000 2,000 
3.70% Notes Due 2060
36.43.73%500 500 
Unamortized debt discount and issuance costs(44)(47)
Net carrying amount9,706 10,953 
Less short-term portion(1,249)(1,250)
Total long-term portion$8,457 $9,703 
All our notes are unsecured senior obligations. All existing and future liabilities of our subsidiaries will be effectively senior to the notes. Our notes pay interest semi-annually. We may redeem each of our notes prior to maturity, subject to a make-whole premium as defined in the applicable form of note.
On June 15, 2023, we repaid the 0.309% Notes Due 2023.

As of October 29, 2023, we were in compliance with the required covenants, which are non-financial in nature, under the outstanding notes.
Commercial Paper
We have a $575 million commercial paper program to support general corporate purposes. As of October 29, 2023, we had not issued any commercial paper.
v3.23.3
Commitments and Contingencies
 9 Months Ended
Oct. 29, 2023
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
Purchase Obligations
Our purchase obligations reflect our commitments to purchase components used to manufacture our products, including long-term supply and capacity agreements, certain software and technology licenses, other goods and services and long-lived assets.
As of October 29, 2023, we had outstanding inventory purchase and long-term supply and capacity obligations totaling $17.11 billion. We enter into agreements with contract manufacturers that allow them to procure inventory based upon criteria as defined by us, and in certain instances, these agreements allow us the option to cancel, reschedule, and adjust our requirements based on our business needs prior to firm orders being placed, but these changes may result in the payment of costs incurred through the date of
cancellation. Other non-inventory purchase obligations were $4.43 billion, which includes $3.60 billion of multi-year cloud service agreements, primarily to support our research and development efforts.
Total future purchase commitments as of October 29, 2023 are as follows:
Commitments
 (In millions)
Fiscal Year: 
2024 (excluding first nine months of fiscal year 2024)
$6,499 
202511,861 
20261,128 
20271,038 
2028660 
2029 and thereafter
354 
Total$21,540 
Accrual for Product Warranty Liabilities
The estimated amount of product warranty liabilities was $142 million and $82 million as of October 29, 2023 and January 29, 2023, respectively. The estimated product returns and estimated product warranty activity consisted of the following:
Three Months EndedNine Months Ended
October 29, 2023October 30, 2022October 29, 2023October 30, 2022
(In millions)
Balance at beginning of period
$115 $168 $82 $46 
Additions
50 3 105 141 
Utilization
(23)(67)(45)(83)
Balance at end of period
$142 $104 $142 $104 
We have provided indemnities for matters such as tax, product, and employee liabilities. We have included intellectual property indemnification provisions in our technology-related agreements with third parties. Maximum potential future payments cannot be estimated because many of these agreements do not have a maximum stated liability. We have not recorded any liability in our Condensed Consolidated Financial Statements for such indemnifications.
Litigation
Securities Class Action and Derivative Lawsuits
The plaintiffs in the putative securities class action lawsuit, captioned 4:18-cv-07669-HSG, initially filed on December 21, 2018 in the United States District Court for the Northern District of California, and titled In Re NVIDIA Corporation Securities Litigation, filed an amended complaint on May 13, 2020. The amended complaint asserted that NVIDIA and certain NVIDIA executives violated Section 10(b) of the Securities Exchange Act of 1934, as amended, or the Exchange Act, and SEC Rule 10b-5, by making materially false or misleading statements related to channel inventory and the impact of cryptocurrency mining on GPU demand between May 10, 2017 and November 14, 2018. Plaintiffs also alleged that the NVIDIA executives who they named as defendants violated Section 20(a) of the Exchange Act. Plaintiffs sought class certification, an award of unspecified compensatory damages, an award of reasonable costs and expenses, including attorneys’ fees and expert fees, and further relief as the Court may deem just and proper. On March 2, 2021, the district court granted NVIDIA’s motion to dismiss the complaint without leave to amend, entered judgment in favor of NVIDIA and closed the case. On March 30, 2021, plaintiffs filed an appeal from judgment
in the United States Court of Appeals for the Ninth Circuit, case number 21-15604. On August 25, 2023, a majority of a three-judge Ninth Circuit panel affirmed in part and reversed in part the district court’s dismissal of the case, with a third judge dissenting on the basis that the district court did not err in dismissing the case. On November 15, 2023, the Ninth Circuit denied NVIDIA’s petition for rehearing en banc of the Ninth Circuit panel’s majority decision to reverse in part the dismissal of the case, which NVIDIA had filed on October 10, 2023.
The putative derivative lawsuit pending in the United States District Court for the Northern District of California, captioned 4:19-cv-00341-HSG, initially filed January 18, 2019 and titled In re NVIDIA Corporation Consolidated Derivative Litigation, was stayed pending resolution of the plaintiffs’ appeal in the In Re NVIDIA Corporation Securities Litigation action. On February 22, 2022, the court administratively closed the case, but stated that it would reopen the case once the appeal in the In Re NVIDIA Corporation Securities Litigation action is resolved. Following the Ninth Circuit’s denial of NVIDIA’s petition for rehearing on November 15, 2023, the parties will meet and confer regarding the next steps in this derivative matter. The lawsuit asserts claims, purportedly on behalf of us, against certain officers and directors of the Company for breach of fiduciary duty, unjust enrichment, waste of corporate assets, and violations of Sections 14(a), 10(b), and 20(a) of the Exchange Act based on the dissemination of allegedly false and misleading statements related to channel inventory and the impact of cryptocurrency mining on GPU demand. The plaintiffs are seeking unspecified damages and other relief, including reforms and improvements to NVIDIA’s corporate governance and internal procedures.
The putative derivative actions initially filed September 24, 2019 and pending in the United States District Court for the District of Delaware, Lipchitz v. Huang, et al. (Case No. 1:19-cv-01795-UNA) and Nelson v. Huang, et. al. (Case No. 1:19-cv-01798- UNA), remain stayed pending resolution of the plaintiffs’ appeal in the In Re NVIDIA Corporation Securities Litigation action. Following the Ninth Circuit’s denial of NVIDIA’s petition for rehearing on November 15, 2023, the parties will meet and confer regarding the next steps in these derivative matters. The lawsuits assert claims, purportedly on behalf of us, against certain officers and directors of the Company for breach of fiduciary duty, unjust enrichment, insider trading, misappropriation of information, corporate waste and violations of Sections 14(a), 10(b), and 20(a) of the Exchange Act based on the dissemination of allegedly false and misleading statements related to channel inventory and the impact of cryptocurrency mining on GPU demand. The plaintiffs seek unspecified damages and other relief, including disgorgement of profits from the sale of NVIDIA stock and unspecified corporate governance measures.
Another putative derivative action was filed on October 30, 2023 in the Court of Chancery of the State of Delaware, captioned Horanic v. Huang, et al. (Case No. 2023-1096-KSJM). This lawsuit asserts claims, purportedly on behalf of us, against certain officers and directors of the Company for breach of fiduciary duty and insider trading based on the dissemination of allegedly false and misleading statements related to channel inventory and the impact of cryptocurrency mining on GPU demand. The plaintiffs seek unspecified damages and other relief, including disgorgement of profits from the sale of NVIDIA stock and reform of unspecified corporate governance measures.
Accounting for Loss Contingencies
As of October 29, 2023, we have not recorded any accrual for contingent liabilities associated with the legal proceedings described above based on our belief that liabilities, while possible, are not probable. Further, except as specifically described above, any possible loss or range of loss in these matters cannot be reasonably estimated at this time. We are engaged in legal actions not described above arising in the ordinary course of business and, while there can be no assurance of favorable outcomes, we believe that the ultimate outcome of these actions will not have a material adverse effect on our operating results, liquidity or financial position.
v3.23.3
Shareholders' Equity
 9 Months Ended
Oct. 29, 2023
Equity [Abstract]  
Shareholders' Equity Shareholders’ Equity 
Capital Return Program 
During the third quarter and first nine months of fiscal year 2024, we repurchased 8.3 million and 15.9 million shares of our common stock for $3.72 billion and $7.01 billion, respectively. During the third quarter and first nine months of fiscal year 2023, we repurchased 28 million and 56 million shares of our common stock for
$3.65 billion and $8.99 billion, respectively. In August 2023, our Board of Directors approved an increase to our share repurchase program of an additional $25.00 billion, without expiration. As of October 29, 2023, we were authorized, subject to certain specifications, to repurchase additional shares of our common stock up to $25.24 billion. From October 30, 2023 through November 17, 2023, we repurchased 0.8 million shares for $366 million pursuant to a Rule 10b5-1 trading plan. Our share repurchase program aims to offset dilution from shares issued to employees. We may pursue additional share repurchases as we weigh market factors and other investment opportunities.
During the third quarter and first nine months of fiscal year 2024, we paid $99 million and $296 million in cash dividends to our shareholders, respectively. During the third quarter and first nine months of fiscal year 2023, we paid $100 million and $300 million in cash dividends to our shareholders, respectively. Our cash dividend program and the payment of future cash dividends under that program are subject to our Board of Directors' continuing determination that the dividend program and the declaration of dividends thereunder are in the best interests of our shareholders.
v3.23.3
Segment Information
 9 Months Ended
Oct. 29, 2023
Segment Reporting [Abstract]  
Segment Information Segment Information
Our Chief Executive Officer, who is considered to be our chief operating decision maker, or CODM, reviews financial information presented on an operating segment basis for purposes of making decisions and assessing financial performance.
The Compute & Networking segment includes our Data Center accelerated computing platform; networking; automotive artificial intelligence, or AI, Cockpit, autonomous driving development agreements, and autonomous vehicle solutions; electric vehicle computing platforms; Jetson for robotics and other embedded platforms; NVIDIA AI Enterprise and other software; and DGX Cloud.
The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse Enterprise software for building and operating 3D internet applications.
Operating results by segment include costs or expenses that are directly attributable to each segment, and costs or expenses that are leveraged across our unified architecture and therefore allocated between our two segments.
The “All Other” category includes the expenses that our CODM does not assign to either Compute & Networking or Graphics for purposes of making operating decisions or assessing financial performance. The expenses include stock-based compensation expense, corporate infrastructure and support costs, acquisition-related and other costs, intellectual property related, or IP-related costs, acquisition termination cost, and other non-recurring charges and benefits that our CODM deems to be enterprise in nature.
Our CODM does not review any information regarding total assets on a reportable segment basis. Depreciation and amortization expense directly attributable to each reportable segment is included in operating results for each segment. However, our CODM does not evaluate depreciation and amortization expense by operating segment and, therefore, it is not separately presented. There is no intersegment revenue. The accounting policies for segment reporting are the same as for our consolidated financial statements. The table below presents details of our reportable segments and the “All Other” category.
 Compute & NetworkingGraphicsAll OtherConsolidated
 (In millions)
Three Months Ended October 29, 2023
    
Revenue$14,645 $3,475 $— $18,120 
Operating income (loss)$10,262 $1,493 $(1,338)$10,417 
Three Months Ended October 30, 2022
    
Revenue$3,816 $2,115 $— $5,931 
Operating income (loss)$1,086 $606 $(1,091)$601 
Nine Months Ended October 29, 2023
Revenue$29,507 $9,312 $— $38,819 
Operating income (loss)$19,149 $3,751 $(3,542)$19,358 
Nine Months Ended October 30, 2022
Revenue$11,395 $9,528 $— $20,923 
Operating income (loss)$3,509 $3,739 $(4,280)$2,968 
Three Months EndedNine Months Ended
October 29,
2023		October 30,
2022		October 29,
2023		October 30,
2022
(In millions)
Reconciling items included in "All Other" category:
Stock-based compensation expense$(979)$(745)$(2,555)$(1,971)
Unallocated cost of revenue and operating expenses (198)(156)(515)(432)
Acquisition-related and other costs(135)(174)(446)(499)
IP-related costs(26)— (36)— 
Acquisition termination cost— — — (1,353)
Other— (16)10 (25)
Total$(1,338)$(1,091)$(3,542)$(4,280)
Revenue by geographic region is designated based upon the billing location of the customer. Revenue by Geographic areas were as follows:
 Three Months EndedNine Months Ended
October 29,October 30,October 29,October 30,
 2023202220232022
 (In millions)
Revenue:  
United States$6,302 $2,148 $14,730 $6,069 
Taiwan4,333 1,153 8,968 5,134 
China (including Hong Kong)4,030 1,148 8,360 4,831 
Singapore2,702 536 4,506 1,963 
Other countries753 946 2,255 2,926 
Total revenue$18,120 $5,931 $38,819 $20,923 
Revenue from sales to customers outside of the United States accounted for 65% and 62% of total revenue for the third quarter and first nine months of fiscal year 2024, respectively, and 64% and 71% of total revenue for the third quarter and first nine months of fiscal year 2023, respectively. The increase in revenue to the United States for the third quarter and first nine months of fiscal year 2024 was primarily due to higher U.S.-based Data Center end demand.
Sales to one customer, or Customer A, represented 12% of total revenue for the third quarter of fiscal year 2024, and sales to a second customer, or Customer B, represented 11% of total revenue for the first nine months of fiscal year 2024, both of which were attributable to the Compute & Networking segment.
In the first nine months of fiscal year 2023, there were no customers with 10% or more of total revenue. In the third quarter of fiscal year 2023, one customer represented 10% of total revenue, primarily attributable to the Compute & Networking segment.
The following table summarizes information pertaining to our revenue by each of the specialized markets we serve:
 Three Months EndedNine Months Ended
October 29,October 30,October 29,October 30,
 2023202220232022
 (In millions)
Revenue:  
Data Center$14,514 $3,833 $29,121 $11,389 
Gaming2,856 1,574 7,582 7,236 
Professional Visualization416 200 1,090 1,318 
Automotive261 251 810 609 
OEM and Other73 73 216 371 
Total revenue$18,120 $5,931 $38,819 $20,923 
v3.23.3
Pay vs Performance Disclosure - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 29, 2023
Oct. 30, 2022
Pay vs Performance Disclosure        
Net income $ 9,243 $ 680 $ 17,475 $ 2,954
v3.23.3
Insider Trading Arrangements
 3 Months Ended 9 Months Ended
Oct. 29, 2023
shares
Oct. 29, 2023
shares
Debora C. Shoquist [Member]    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement   On August 27, 2023, Debora Shoquist, Executive Vice President, Operations, adopted a trading arrangement that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) for the sale through November 29, 2024 of up to 81,500 shares of our common stock.
Name Debora Shoquist  
Title Executive Vice President  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date August 27, 2023  
Arrangement Duration 460 days  
Aggregate Available 81,500 81,500
Donald Robertson [Member]    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement   On October 6, 2023, Donald Robertson, Vice President and Chief Accounting Officer, adopted a trading arrangement that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) for the sale through December 18, 2025 of up to 3,500 shares of our common stock.
Name Donald Robertson  
Title Vice President and Chief Accounting Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date October 6, 2023  
Arrangement Duration 804 days  
Aggregate Available 3,500 3,500
v3.23.3
Summary of Significant Accounting Policies (Policies)
 9 Months Ended
Oct. 29, 2023
Accounting Policies [Abstract]  
Basis of Presentation Basis of PresentationThe accompanying unaudited condensed consolidated financial statements were prepared in accordance with accounting principles generally accepted in the United States of America, or U.S. GAAP, for interim financial information and with the instructions to Form 10-Q and Article 10 of Securities and Exchange Commission, or SEC, Regulation S-X. The January 29, 2023 consolidated balance sheet was derived from our audited consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended January 29, 2023, as filed with the SEC, but does not include all disclosures required by U.S. GAAP. In the opinion of management, all adjustments, consisting only of normal recurring adjustments considered necessary for a fair statement of results of operations and financial position, have been included. The results for the interim periods presented are not necessarily indicative of the results expected for any future period. The following information should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended January 29, 2023.
Fiscal Year
Fiscal Year
We operate on a 52- or 53-week year, ending on the last Sunday in January. Fiscal years 2024 and 2023 are both 52-week years. The third quarters of fiscal years 2024 and 2023 were both 13-week quarters.
Reclassifications ReclassificationsCertain prior fiscal year balances have been reclassified to conform to the current fiscal year presentation.
Principles of Consolidation
Principles of Consolidation
Our condensed consolidated financial statements include the accounts of NVIDIA Corporation and our wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates
Use of Estimates
The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ materially from our estimates. On an on-going basis, we evaluate our estimates, including those related to revenue recognition, cash equivalents and marketable securities, accounts receivable, inventories, income taxes, goodwill, stock-based compensation, litigation, investigation and settlement costs, restructuring and other charges, property, plant, and equipment, and other contingencies. These estimates are based on historical facts and various other assumptions that we believe are reasonable.
In February 2023, we completed an assessment of the useful lives of our property, plant, and equipment. Based on advances in technology and usage rate, we increased the estimated useful life of a majority of our server, storage, and network equipment from three to a range of four to five years, and our assembly and test equipment from five to seven years. This change in accounting estimate became effective at the beginning of fiscal year 2024.
v3.23.3
Leases (Tables)
 9 Months Ended
Oct. 29, 2023
Leases [Abstract]  
Schedule of future minimum lease payments
Future minimum lease payments under our non-cancelable operating leases as of October 29, 2023 are as follows:
Operating Lease Obligations
 (In millions)
Fiscal Year: 
2024 (excluding first nine months of fiscal year 2024)
$84 
2025269 
2026248 
2027233 
2028220 
2029 and thereafter
454 
Total1,508 
Less imputed interest187 
Present value of net future minimum lease payments1,321 
Less short-term operating lease liabilities230 
Long-term operating lease liabilities$1,091 
Schedule of other information related to leases
Other information related to leases was as follows:
Nine Months Ended
October 29, 2023October 30, 2022
 (In millions)
Supplemental cash flows information 
Operating cash flows used for operating leases$200 $134 
Operating lease assets obtained in exchange for lease obligations$439 $213 
v3.23.3
Stock-Based Compensation (Tables)
 9 Months Ended
Oct. 29, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of stock-based compensation expense, net of amounts capitalized as inventory
Our Condensed Consolidated Statements of Income include stock-based compensation expense, net of amounts allocated to inventory, as follows:
 Three Months EndedNine Months Ended
 October 29,
2023		October 30,
2022		October 29,
2023		October 30,
2022
(In millions)
Cost of revenue$38 $32 $96 $108 
Research and development701 530 1,826 1,365 
Sales, general and administrative240 183 633 498 
Total$979 $745 $2,555 $1,971 
Schedule of equity award
The following is a summary of our equity award transactions under our equity incentive plans:
RSUs, PSUs, and Market-based PSUs Outstanding
 Number of SharesWeighted Average Grant-Date Fair Value Per Share
(In millions, except per share data)
Balances, January 29, 202345 $158.45 
Granted13 $364.52 
Vested(16)$141.02 
Canceled and forfeited(1)$201.49 
Balances, October 29, 202341 $230.11 
v3.23.3
Net Income Per Share (Tables)
 9 Months Ended
Oct. 29, 2023
Earnings Per Share [Abstract]  
Schedule of reconciliation of numerators and denominators of basic and diluted net income per share computations
The following is a reconciliation of the denominator of the basic and diluted net income per share computations for the periods presented:
 Three Months EndedNine Months Ended
October 29,October 30,October 29,October 30,
2023202220232022
 (In millions, except per share data)
Numerator:  
Net income$9,243 $680 $17,475 $2,954 
Denominator:
Basic weighted average shares2,468 2,483 2,470 2,495 
Dilutive impact of outstanding equity awards26 16 24 22 
Diluted weighted average shares2,494 2,499 2,494 2,517 
Net income per share:
Basic (1)$3.75 $0.27 $7.07 $1.18 
Diluted (2)$3.71 $0.27 $7.01 $1.17 
Equity awards excluded from diluted net income per share because their effect would have been anti-dilutive1 36 14 29 
(1)    Calculated as net income divided by basic weighted average shares.
(2)    Calculated as net income divided by diluted weighted average shares.
v3.23.3
Cash Equivalents and Marketable Securities (Tables)
 9 Months Ended
Oct. 29, 2023
Investments, Debt and Equity Securities [Abstract]  
Schedule of cash equivalents and marketable securities
The following is a summary of cash equivalents and marketable securities:
 October 29, 2023
Amortized
Cost		Unrealized
Gain		Unrealized
Loss		Estimated
Fair Value		Reported as
 Cash EquivalentsMarketable Securities
 (In millions)
Corporate debt securities$6,937 $1 $(20)$6,918 $1,714 $5,204 
Debt securities issued by the U.S. Treasury5,075 1 (24)5,052 — 5,052 
Money market funds3,190 — — 3,190 3,190 — 
Debt securities issued by U.S. government agencies2,316 — (5)2,311 100 2,211 
Certificates of deposit418 — — 418 198 220 
Foreign government bonds175 — — 175 100 75 
Total$18,111 $2 $(49)$18,064 $5,302 $12,762 
 January 29, 2023
Amortized
Cost		Unrealized
Gain		Unrealized
Loss		Estimated
Fair Value		Reported as
 Cash EquivalentsMarketable Securities
 (In millions)
Corporate debt securities$4,809 $— $(12)$4,797 $1,087 $3,710 
Debt securities issued by the U.S. Treasury4,185 1 (44)4,142 — 4,142 
Debt securities issued by U.S. government agencies1,836 — (2)1,834 50 1,784 
Money market funds1,777 — — 1,777 1,777 — 
Certificates of deposit365 — — 365 134 231 
Foreign government bonds140 — — 140 100 40 
Total$13,112 $1 $(58)$13,055 $3,148 $9,907 
The amortized cost and estimated fair value of cash equivalents and marketable securities are shown below by contractual maturity.
October 29, 2023January 29, 2023
Amortized CostEstimated Fair ValueAmortized CostEstimated Fair Value
(In millions)
Less than one year$11,405 $11,388 $9,738 $9,708 
Due in 1 - 5 years6,706 6,676 3,374 3,347 
Total$18,111 $18,064 $13,112 $13,055 
Schedule of investments in a continuous unrealized loss position
The following tables provide the breakdown of unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous loss position:
October 29, 2023
 Less than 12 Months12 Months or GreaterTotal
 Estimated Fair ValueGross Unrealized LossEstimated Fair ValueGross Unrealized LossEstimated Fair ValueGross Unrealized Loss
 (In millions)
Corporate debt securities$2,773 $(16)$852 $(4)$3,625 $(20)
Debt securities issued by the U.S. Treasury2,098 (12)1,371 (12)3,469 (24)
Debt securities issued by U.S. government agencies1,447 (5)— — 1,447 (5)
Total$6,318 $(33)$2,223 $(16)$8,541 $(49)
January 29, 2023
 Less than 12 Months12 Months or GreaterTotal
 Estimated Fair ValueGross Unrealized LossEstimated Fair ValueGross Unrealized LossEstimated Fair ValueGross Unrealized Loss
 (In millions)
Debt securities issued by the U.S. Treasury$2,444 $(21)$1,172 $(23)$3,616 $(44)
Corporate debt securities1,188 (7)696 (5)1,884 (12)
Debt securities issued by U.S. government agencies1,307 (2)— — 1,307 (2)
Total$4,939 $(30)$1,868 $(28)$6,807 $(58)
v3.23.3
Fair Value of Financial Assets and Liabilities (Tables)
 9 Months Ended
Oct. 29, 2023
Fair Value Disclosures [Abstract]  
Schedule of fair value measurements, recurring and nonrecurring
Fair Value at
Pricing CategoryOctober 29, 2023January 29, 2023
(In millions)
Assets
Cash equivalents and marketable securities:
Money market fundsLevel 1$3,190 $1,777 
Corporate debt securitiesLevel 2$6,918 $4,797 
Debt securities issued by the U.S. TreasuryLevel 2$5,052 $4,142 
Debt securities issued by U.S. government agenciesLevel 2$2,311 $1,834 
Certificates of depositLevel 2$418 $365 
Foreign government bondsLevel 2$175 $140 
Other assets (Investments in non-affiliated entities):
Publicly-held equity securitiesLevel 1$153 $11 
Privately-held equity securitiesLevel 3$1,019 $288 
Liabilities (1)
0.309% Notes Due 2023
Level 2$— $1,230 
0.584% Notes Due 2024
Level 2$1,212 $1,185 
3.20% Notes Due 2026
Level 2$945 $966 
1.55% Notes Due 2028
Level 2$1,060 $1,099 
2.85% Notes Due 2030
Level 2$1,289 $1,364 
2.00% Notes Due 2031
Level 2$981 $1,044 
3.50% Notes Due 2040
Level 2$756 $870 
3.50% Notes Due 2050
Level 2$1,388 $1,637 
3.70% Notes Due 2060
Level 2$342 $410 

(1)    These liabilities are carried on our Condensed Consolidated Balance Sheets at their original issuance value, net of unamortized debt discount and issuance costs.
v3.23.3
Amortizable Intangible Assets and Goodwill (Tables)
 9 Months Ended
Oct. 29, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of components of our amortizable intangible assets
The components of our amortizable intangible assets are as follows:
 October 29, 2023January 29, 2023
 Gross
Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount
 (In millions)
Acquisition-related intangible assets$2,642 $(1,584)$1,058 $3,093 $(1,614)$1,479 
Patents and licensed technology450 (257)193 446 (249)197 
Total intangible assets$3,092 $(1,841)$1,251 $3,539 $(1,863)$1,676 
Amortization expense associated with intangible assets was $144 million and $471 million for the third quarter and first nine months of fiscal year 2024, respectively, and $181 million and $518 million for the third quarter and first nine months of fiscal year 2023, respectively.
The following table outlines the estimated future amortization expense related to the net carrying amount of intangible assets as of October 29, 2023:
Future Amortization Expense
 (In millions)
Fiscal Year: 
2024 (excluding first nine months of fiscal year 2024)
$143 
2025554 
2026259 
2027149 
202837 
2029 and thereafter109 
Total$1,251 
v3.23.3
Balance Sheet Components (Tables)
 9 Months Ended
Oct. 29, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of inventory
Certain balance sheet components are as follows:
October 29,January 29,
 20232023
Inventories (1):(In millions)
Raw materials$1,663 $2,430 
Work in-process1,338 466 
Finished goods1,778 2,263 
Total inventories$4,779 $5,159 
(1)    During the third quarter of fiscal years 2024 and 2023, we recorded an inventory provision of approximately $208 million and $354 million, respectively, in cost of revenue.
Schedule of other assets
October 29,January 29,
 20232023
Other Assets:(In millions)
Prepaid supply and capacity agreements (1)$2,927 $2,989 
Investments in non-affiliated entities1,172 299 
Prepaid royalties369 387 
Prepaid cloud services60 23 
Other139 122 
Total other assets$4,667 $3,820 
(1)    As of October 29, 2023 and January 29, 2023, there were an additional $743 million and $458 million of short-term prepaid supply and capacity agreements included in Prepaid expenses and other current assets, respectively.
Schedule of accrued and other current liabilities
October 29,January 29,
 20232023
Accrued and Other Current Liabilities:(In millions)
Customer program accruals$1,771 $1,196 
Excess inventory purchase obligations (1)1,280 954 
Accrued payroll and related expenses516 530 
Deferred revenue (2)513 354 
Taxes payable420 467 
Product warranty and return provisions299 108 
Operating leases230 176 
Licenses and royalties150 149 
Unsettled share repurchases117 — 
Other176 186 
Total accrued and other current liabilities$5,472 $4,120 
(1)    During the third quarter of fiscal years 2024 and 2023, we recorded an expense of approximately $473 million and $348 million, respectively, in cost of revenue for inventory purchase obligations in excess of our current demand projections, supplier charges and for penalties related to cancellations and underutilization.
(2)    Deferred revenue primarily includes customer advances and deferrals related to license and development arrangements, support for hardware and software, and cloud services.
Schedule of other long-term liabilities
October 29,January 29,
 20232023
Other Long-Term Liabilities:(In millions)
Income tax payable (1)$1,206 $1,204 
Deferred revenue (2)425 218 
Deferred income tax424 247 
Licenses payable113 181 
Other66 63 
Total other long-term liabilities$2,234 $1,913 
(1)    Income tax payable is comprised of the long-term portion of the one-time transition tax payable, unrecognized tax benefits, and related interest and penalties.
(2)    Deferred revenue primarily includes deferrals related to support for hardware and software.
Schedule of changes in deferred revenue The following table shows the changes in deferred revenue during the first nine months of fiscal years 2024 and 2023:
October 29,October 30,
 20232022
(In millions)
Balance at beginning of period$572 $502 
Deferred revenue additions during the period1,269 577 
Revenue recognized during the period(903)(528)
Balance at end of period$938 $551 
v3.23.3
Derivative Financial Instruments (Tables)
 9 Months Ended
Oct. 29, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of notional value of our foreign currency forward contracts outstanding
The table below presents the notional value of our foreign currency forward contracts outstanding:
 October 29,
2023		January 29,
2023
(In millions)
Designated as cash flow hedges$1,148 $1,128 
Non-designated hedges$365 $366 
v3.23.3
Debt (Tables)
 9 Months Ended
Oct. 29, 2023
Debt Disclosure [Abstract]  
Schedule of long-term debt
The carrying value of our outstanding notes, the calendar year of maturity, and the associated interest rates were as follows:
Carrying Value at
Expected
Remaining Term (years)		Effective
Interest Rate		October 29, 2023January 29, 2023
(In millions)
0.309% Notes Due 2023
—0.41%$— $1,250 
0.584% Notes Due 2024
0.60.66%1,250 1,250 
3.20% Notes Due 2026
2.93.31%1,000 1,000 
1.55% Notes Due 2028
4.61.64%1,250 1,250 
2.85% Notes Due 2030
6.42.93%1,500 1,500 
2.00% Notes Due 2031
7.62.09%1,250 1,250 
3.50% Notes Due 2040
16.43.54%1,000 1,000 
3.50% Notes Due 2050
26.43.54%2,000 2,000 
3.70% Notes Due 2060
36.43.73%500 500 
Unamortized debt discount and issuance costs(44)(47)
Net carrying amount9,706 10,953 
Less short-term portion(1,249)(1,250)
Total long-term portion$8,457 $9,703 
v3.23.3
Commitments and Contingencies (Tables)
 9 Months Ended
Oct. 29, 2023
Commitments and Contingencies Disclosure [Abstract]  
Schedule of future unconditional purchase commitments
Total future purchase commitments as of October 29, 2023 are as follows:
Commitments
 (In millions)
Fiscal Year: 
2024 (excluding first nine months of fiscal year 2024)
$6,499 
202511,861 
20261,128 
20271,038 
2028660 
2029 and thereafter
354 
Total$21,540 
Schedule of product warranty activity The estimated product returns and estimated product warranty activity consisted of the following:
Three Months EndedNine Months Ended
October 29, 2023October 30, 2022October 29, 2023October 30, 2022
(In millions)
Balance at beginning of period
$115 $168 $82 $46 
Additions
50 3 105 141 
Utilization
(23)(67)(45)(83)
Balance at end of period
$142 $104 $142 $104 
v3.23.3
Segment Information (Tables)
 9 Months Ended
Oct. 29, 2023
Segment Reporting [Abstract]  
Schedule of reportable segments The table below presents details of our reportable segments and the “All Other” category.
 Compute & NetworkingGraphicsAll OtherConsolidated
 (In millions)
Three Months Ended October 29, 2023
    
Revenue$14,645 $3,475 $— $18,120 
Operating income (loss)$10,262 $1,493 $(1,338)$10,417 
Three Months Ended October 30, 2022
    
Revenue$3,816 $2,115 $— $5,931 
Operating income (loss)$1,086 $606 $(1,091)$601 
Nine Months Ended October 29, 2023
Revenue$29,507 $9,312 $— $38,819 
Operating income (loss)$19,149 $3,751 $(3,542)$19,358 
Nine Months Ended October 30, 2022
Revenue$11,395 $9,528 $— $20,923 
Operating income (loss)$3,509 $3,739 $(4,280)$2,968 
Three Months EndedNine Months Ended
October 29,
2023		October 30,
2022		October 29,
2023		October 30,
2022
(In millions)
Reconciling items included in "All Other" category:
Stock-based compensation expense$(979)$(745)$(2,555)$(1,971)
Unallocated cost of revenue and operating expenses (198)(156)(515)(432)
Acquisition-related and other costs(135)(174)(446)(499)
IP-related costs(26)— (36)— 
Acquisition termination cost— — — (1,353)
Other— (16)10 (25)
Total$(1,338)$(1,091)$(3,542)$(4,280)
Schedule of revenue by geographic regions Revenue by Geographic areas were as follows:
 Three Months EndedNine Months Ended
October 29,October 30,October 29,October 30,
 2023202220232022
 (In millions)
Revenue:  
United States$6,302 $2,148 $14,730 $6,069 
Taiwan4,333 1,153 8,968 5,134 
China (including Hong Kong)4,030 1,148 8,360 4,831 
Singapore2,702 536 4,506 1,963 
Other countries753 946 2,255 2,926 
Total revenue$18,120 $5,931 $38,819 $20,923 
Schedule of revenue by specialized markets The following table summarizes information pertaining to our revenue by each of the specialized markets we serve:
 Three Months EndedNine Months Ended
October 29,October 30,October 29,October 30,
 2023202220232022
 (In millions)
Revenue:  
Data Center$14,514 $3,833 $29,121 $11,389 
Gaming2,856 1,574 7,582 7,236 
Professional Visualization416 200 1,090 1,318 
Automotive261 251 810 609 
OEM and Other73 73 216 371 
Total revenue$18,120 $5,931 $38,819 $20,923 
v3.23.3
Summary of Significant Accounting Policies (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 29, 2023
Oct. 30, 2022
Feb. 28, 2023
Jan. 31, 2023
Property, Plant and Equipment [Line Items]            
Cost of revenue $ (4,720) $ (2,754) $ (11,309) $ (9,400)    
Benefit in operating expenses (2,983) (2,576) (8,152) (8,555)    
benefit in operating income 10,417 601 19,358 2,968    
Increase in net income $ 9,243 $ 680 $ 17,475 $ 2,954    
Increase in basic earnings per share (in dollars per share) $ 3.75 $ 0.27 $ 7.07 $ 1.18    
Increase in diluted earnings per share (in dollars per share) $ 3.71 $ 0.27 $ 7.01 $ 1.17    
Service Life            
Property, Plant and Equipment [Line Items]            
Cost of revenue $ 17   $ 24      
Benefit in operating expenses 24   83      
benefit in operating income 41   107      
Increase in net income $ 36   $ 91      
Increase in basic earnings per share (in dollars per share) $ 0.01   $ 0.04      
Increase in diluted earnings per share (in dollars per share) $ 0.01   $ 0.04      
Storage and Network Equipment            
Property, Plant and Equipment [Line Items]            
Useful life           3 years
Storage and Network Equipment | Minimum            
Property, Plant and Equipment [Line Items]            
Useful life         4 years  
Storage and Network Equipment | Maximum            
Property, Plant and Equipment [Line Items]            
Useful life         5 years  
Assembling and Testing Equipment            
Property, Plant and Equipment [Line Items]            
Useful life         7 years 5 years
v3.23.3
Business Combination (Details)
$ in Millions
 12 Months Ended
Jan. 29, 2023
USD ($)
Arm Limited  
Business Acquisition [Line Items]  
Acquisition termination cost $ 1,350
v3.23.3
Leases - Schedule of Future Minimum Payments (Details) - USD ($)
$ in Millions
Oct. 29, 2023
Jan. 29, 2023
Leases [Abstract]    
2024 (excluding first nine months of fiscal year 2024) $ 84  
2025 269  
2026 248  
2027 233  
2028 220  
2029 and thereafter 454  
Total 1,508  
Less imputed interest 187  
Present value of net future minimum lease payments 1,321  
Less short-term operating lease liabilities 230 $ 176
Long-term operating lease liabilities $ 1,091 $ 902
v3.23.3
Leases - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 29, 2023
Oct. 30, 2022
Jan. 29, 2023
Lessee, Lease, Description [Line Items]          
Operating lease, not yet commenced, amount $ 924   $ 924    
Operating lease expense $ 69 $ 49 $ 195 $ 139  
Weighted average remaining lease term - operating leases 6 years 3 months 18 days   6 years 3 months 18 days   6 years 9 months 18 days
Weighted average discount rate - operating leases (percent) 3.64%   3.64%   3.21%
Minimum          
Lessee, Lease, Description [Line Items]          
Lease not yet commenced, term of contract 3 years   3 years    
Maximum          
Lessee, Lease, Description [Line Items]          
Lease not yet commenced, term of contract 10 years   10 years    
v3.23.3
Leases - Schedule of Other Lease Information (Details) - USD ($)
$ in Millions
 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Supplemental disclosure of cash flow information:    
Operating cash flows used for operating leases $ 200 $ 134
Operating lease assets obtained in exchange for lease obligations $ 439 $ 213
v3.23.3
Stock-Based Compensation - Allocation of Expense (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 29, 2023
Oct. 30, 2022
Share-based Compensation        
Stock-based compensation expense $ 979 $ 745 $ 2,555 $ 1,971
Cost of revenue        
Share-based Compensation        
Stock-based compensation expense 38 32 96 108
Research and development        
Share-based Compensation        
Stock-based compensation expense 701 530 1,826 1,365
Sales, general and administrative        
Share-based Compensation        
Stock-based compensation expense $ 240 $ 183 $ 633 $ 498
v3.23.3
Stock-Based Compensation - Summary of Equity Award Transactions (Details) - RSUs, PSUs, and Market-based PSUs
shares in Millions
 9 Months Ended
Oct. 29, 2023
$ / shares
shares
Number of Shares  
Outstanding, beginning balance (in shares) | shares 45
Granted (in shares) | shares 13
Vested (in shares) | shares (16)
Canceled and forfeited (in shares) | shares (1)
Outstanding, ending balance (in shares) | shares 41
Weighted Average Grant-Date Fair Value Per Share  
Weighted average grant date fair value, beginning balance (in dollars per share) | $ / shares $ 158.45
Weighted average grant date fair value, granted (in dollars per share) | $ / shares 364.52
Weighted average grant date fair value, Vested (in dollars per share) | $ / shares 141.02
Weighted average grant date fair value, canceled and forfeited (in dollars per share) | $ / shares 201.49
Weighted average grant date fair value, ending balance (in dollars per share) | $ / shares $ 230.11
v3.23.3
Stock-Based Compensation - Narrative (Details)
$ in Millions
 9 Months Ended
Oct. 29, 2023
USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Unearned stock-based compensation expense $ 9,030
RSUs, PSUs, and Market-based PSUs  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Estimated weighted average amortization period 2 years 7 months 6 days
Employee Stock Purchase Plan  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Estimated weighted average amortization period 11 months
v3.23.3
Net Income Per Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 29, 2023
Oct. 30, 2022
Numerator:        
Net income $ 9,243 $ 680 $ 17,475 $ 2,954
Denominator:        
Basic weighted average shares (in shares) 2,468 2,483 2,470 2,495
Dilutive impact of outstanding equity awards (in shares) 26 16 24 22
Diluted weighted average shares (in shares) 2,494 2,499 2,494 2,517
Net income per share:        
Basic (in dollars per share) $ 3.75 $ 0.27 $ 7.07 $ 1.18
Diluted (in dollars per share) $ 3.71 $ 0.27 $ 7.01 $ 1.17
Equity awards excluded from diluted net income per share because their effect would have been anti-dilutive (in shares) 1 36 14 29
v3.23.3
Income Taxes (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 29, 2023
Oct. 30, 2022
Income Tax Disclosure [Abstract]        
Income tax expense (benefit) $ 1,279 $ (67) $ 2,237 $ (61)
Tax expense (benefit) as a percentage of income before income tax (percent) 12.20% (10.90%) 11.30% (2.10%)
Recognized a non-cash benefit $ 145   $ 145  
Unrecognized tax benefits 236      
Reduction in accrued interest 17      
Reduction in tax attribute carryforwards $ 108   $ 108  
v3.23.3
Cash Equivalents and Marketable Securities - Summary of Securities (Details) - USD ($)
$ in Millions
Oct. 29, 2023
Jan. 29, 2023
Summary of cash equivalents and marketable securities:    
Amortized Cost $ 18,111 $ 13,112
Unrealized Gain 2 1
Unrealized Loss (49) (58)
Estimated Fair Value 18,064 13,055
Cash Equivalents 5,302 3,148
Marketable Securities 12,762 9,907
Corporate debt securities    
Summary of cash equivalents and marketable securities:    
Amortized Cost 6,937 4,809
Unrealized Gain 1 0
Unrealized Loss (20) (12)
Estimated Fair Value 6,918 4,797
Cash Equivalents 1,714 1,087
Marketable Securities 5,204 3,710
Debt securities issued by the U.S. Treasury    
Summary of cash equivalents and marketable securities:    
Amortized Cost 5,075 4,185
Unrealized Gain 1 1
Unrealized Loss (24) (44)
Estimated Fair Value 5,052 4,142
Cash Equivalents 0 0
Marketable Securities 5,052 4,142
Money market funds    
Summary of cash equivalents and marketable securities:    
Amortized Cost 3,190 1,777
Unrealized Gain 0 0
Unrealized Loss 0 0
Estimated Fair Value 3,190 1,777
Cash Equivalents 3,190 1,777
Marketable Securities 0 0
Debt securities issued by U.S. government agencies    
Summary of cash equivalents and marketable securities:    
Amortized Cost 2,316 1,836
Unrealized Gain 0 0
Unrealized Loss (5) (2)
Estimated Fair Value 2,311 1,834
Cash Equivalents 100 50
Marketable Securities 2,211 1,784
Certificates of deposit    
Summary of cash equivalents and marketable securities:    
Amortized Cost 418 365
Unrealized Gain 0 0
Unrealized Loss 0 0
Estimated Fair Value 418 365
Cash Equivalents 198 134
Marketable Securities 220 231
Foreign government bonds    
Summary of cash equivalents and marketable securities:    
Amortized Cost 175 140
Unrealized Gain 0 0
Unrealized Loss 0 0
Estimated Fair Value 175 140
Cash Equivalents 100 100
Marketable Securities $ 75 $ 40
v3.23.3
Cash Equivalents and Marketable Securities - Unrealized Losses Aggregated by Investment Category (Details) - USD ($)
$ in Millions
Oct. 29, 2023
Jan. 29, 2023
Estimated Fair Value    
Less than 12 Months $ 6,318 $ 4,939
12 Months or Greater 2,223 1,868
Total 8,541 6,807
Gross Unrealized Loss    
Less than 12 Months (33) (30)
12 Months or Greater (16) (28)
Total (49) (58)
Corporate debt securities    
Estimated Fair Value    
Less than 12 Months 2,773 1,188
12 Months or Greater 852 696
Total 3,625 1,884
Gross Unrealized Loss    
Less than 12 Months (16) (7)
12 Months or Greater (4) (5)
Total (20) (12)
Debt securities issued by the U.S. Treasury    
Estimated Fair Value    
Less than 12 Months 2,098 2,444
12 Months or Greater 1,371 1,172
Total 3,469 3,616
Gross Unrealized Loss    
Less than 12 Months (12) (21)
12 Months or Greater (12) (23)
Total (24) (44)
Debt securities issued by U.S. government agencies    
Estimated Fair Value    
Less than 12 Months 1,447 1,307
12 Months or Greater 0 0
Total 1,447 1,307
Gross Unrealized Loss    
Less than 12 Months (5) (2)
12 Months or Greater 0 0
Total $ (5) $ (2)
v3.23.3
Cash Equivalents and Marketable Securities - Amortized Cost and Estimated Fair Value of Cash Equivalents and Marketable Securities (Details) - USD ($)
$ in Millions
Oct. 29, 2023
Jan. 29, 2023
Amortized Cost    
Less than one year $ 11,405 $ 9,738
Due in 1 - 5 years 6,706 3,374
Amortized Cost 18,111 13,112
Estimated Fair Value    
Less than one year 11,388 9,708
Due in 1 - 5 years 6,676 3,347
Estimated Fair Value $ 18,064 $ 13,055
v3.23.3
Fair Value of Financial Assets and Liabilities (Details) - USD ($)
$ in Millions
Oct. 29, 2023
Jan. 29, 2023
Cash equivalents and marketable securities:    
Cash equivalents and marketable securities $ 18,064 $ 13,055
Other assets (Investments in non-affiliated entities):    
Investments in non-affiliated entities 1,172 299
Money market funds    
Cash equivalents and marketable securities:    
Cash equivalents and marketable securities 3,190 1,777
Corporate debt securities    
Cash equivalents and marketable securities:    
Cash equivalents and marketable securities 6,918 4,797
Debt securities issued by the U.S. Treasury    
Cash equivalents and marketable securities:    
Cash equivalents and marketable securities 5,052 4,142
Debt securities issued by U.S. government agencies    
Cash equivalents and marketable securities:    
Cash equivalents and marketable securities 2,311 1,834
Certificates of deposit    
Cash equivalents and marketable securities:    
Cash equivalents and marketable securities 418 365
Foreign government bonds    
Cash equivalents and marketable securities:    
Cash equivalents and marketable securities 175 140
Level 1 | Money market funds    
Cash equivalents and marketable securities:    
Cash equivalents and marketable securities 3,190 1,777
Level 1 | Publicly-held equity securities    
Other assets (Investments in non-affiliated entities):    
Investments in non-affiliated entities 153 11
Level 2 | 0.309% Notes Due 2023    
Liabilities    
Notes 0 1,230
Level 2 | 0.584% Notes Due 2024    
Liabilities    
Notes 1,212 1,185
Level 2 | 3.20% Notes Due 2026    
Liabilities    
Notes 945 966
Level 2 | 1.55% Notes Due 2028    
Liabilities    
Notes 1,060 1,099
Level 2 | 2.85% Notes Due 2030    
Liabilities    
Notes 1,289 1,364
Level 2 | 2.00% Notes Due 2031    
Liabilities    
Notes 981 1,044
Level 2 | 3.50% Notes Due 2040    
Liabilities    
Notes 756 870
Level 2 | 3.50% Notes Due 2050    
Liabilities    
Notes 1,388 1,637
Level 2 | 3.70% Notes Due 2060    
Liabilities    
Notes 342 410
Level 2 | Corporate debt securities    
Cash equivalents and marketable securities:    
Cash equivalents and marketable securities 6,918 4,797
Level 2 | Debt securities issued by the U.S. Treasury    
Cash equivalents and marketable securities:    
Cash equivalents and marketable securities 5,052 4,142
Level 2 | Debt securities issued by U.S. government agencies    
Cash equivalents and marketable securities:    
Cash equivalents and marketable securities 2,311 1,834
Level 2 | Certificates of deposit    
Cash equivalents and marketable securities:    
Cash equivalents and marketable securities 418 365
Level 2 | Foreign government bonds    
Cash equivalents and marketable securities:    
Cash equivalents and marketable securities 175 140
Level 3 | Privately-held equity securities    
Other assets (Investments in non-affiliated entities):    
Investments in non-affiliated entities $ 1,019 $ 288
v3.23.3
Amortizable Intangible Assets and Goodwill (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 29, 2023
Oct. 30, 2022
Jan. 29, 2023
Amortizable intangible assets components          
Gross Carrying Amount $ 3,092   $ 3,092   $ 3,539
Accumulated Amortization (1,841)   (1,841)   (1,863)
Net Carrying Amount 1,251   1,251   1,676
Amortization expense 144 $ 181 471 $ 518  
Increase in carrying amount of goodwill     58    
Future amortization expense associated with intangible assets          
2024 (excluding first nine months of fiscal year 2024) 143   143    
2025 554   554    
2026 259   259    
2027 149   149    
2028 37   37    
2029 and thereafter 109   109    
Net Carrying Amount 1,251   1,251   1,676
Acquisition-related intangible assets          
Amortizable intangible assets components          
Gross Carrying Amount 2,642   2,642   3,093
Accumulated Amortization (1,584)   (1,584)   (1,614)
Net Carrying Amount 1,058   1,058   1,479
Future amortization expense associated with intangible assets          
Net Carrying Amount 1,058   1,058   1,479
Patents and licensed technology          
Amortizable intangible assets components          
Gross Carrying Amount 450   450   446
Accumulated Amortization (257)   (257)   (249)
Net Carrying Amount 193   193   197
Future amortization expense associated with intangible assets          
Net Carrying Amount $ 193   $ 193   $ 197
v3.23.3
Balance Sheet Components - Narrative (Details) - Accounts Receivable - Customer Concentration Risk
 9 Months Ended 12 Months Ended
Oct. 29, 2023
Jan. 29, 2023
Customer One    
Supply Commitment [Line Items]    
Concentration risk (as percent) 11.00% 14.00%
Customers Two    
Supply Commitment [Line Items]    
Concentration risk (as percent) 11.00% 11.00%
v3.23.3
Balance Sheet Components - Inventory (Details) - USD ($)
$ in Millions
 3 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Jan. 29, 2023
Inventories (1):      
Raw materials $ 1,663   $ 2,430
Work in-process 1,338   466
Finished goods 1,778   2,263
Total inventories 4,779   $ 5,159
Inventory reserve expense $ 208 $ 354  
v3.23.3
Balance Sheet Components - Other Assets (Details) - USD ($)
$ in Millions
Oct. 29, 2023
Jan. 29, 2023
Other Assets:    
Prepaid supply and capacity agreements $ 2,927 $ 2,989
Investments in non-affiliated entities 1,172 299
Prepaid royalties 369 387
Prepaid cloud services 60 23
Other 139 122
Total other assets 4,667 3,820
Short-term prepaid supply and capacity agreements 1,289 791
Supply and Capacity Agreements    
Other Assets:    
Short-term prepaid supply and capacity agreements $ 743 $ 458
v3.23.3
Balance Sheet Components - Accrued and Other Current Liabilities (Details) - USD ($)
$ in Millions
 3 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Jan. 29, 2023
Accrued and Other Current Liabilities:      
Customer program accruals $ 1,771   $ 1,196
Excess inventory purchase obligations 1,280   954
Accrued payroll and related expenses 516   530
Deferred revenue 513   354
Taxes payable 420   467
Product warranty and return provisions 299   108
Operating leases 230   176
Licenses and royalties 150   149
Unsettled share repurchases 117   0
Other 176   186
Total accrued and other current liabilities 5,472   $ 4,120
Expense for inventory purchase obligations $ 473 $ 348  
v3.23.3
Balance Sheet Components - Other Long-Term Liabilities (Details) - USD ($)
$ in Millions
Oct. 29, 2023
Jan. 29, 2023
Other Long-Term Liabilities:    
Income taxes payable $ 1,206 $ 1,204
Deferred revenue 425 218
Deferred income tax 424 247
Licenses payable 113 181
Other 66 63
Total other long-term liabilities $ 2,234 $ 1,913
v3.23.3
Balance Sheet Components - Change in Deferred Revenue (Details) - USD ($)
$ in Millions
 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Change in Deferred Revenue    
Balance at beginning of period $ 572 $ 502
Deferred revenue additions during the period 1,269 577
Revenue recognized during the period (903) (528)
Balance at end of period $ 938 $ 551
v3.23.3
Balance Sheet Components - Revenue Remaining Performance Obligation (Details)
$ in Millions
Oct. 29, 2023
USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Revenue, remaining performance obligation $ 896
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-10-30  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Revenue, remaining performance obligation (as a percent) 42.00%
Expected performance period 12 months
v3.23.3
Derivative Financial Instruments - Notional Values (Details) - Foreign currency forward contracts - USD ($)
$ in Millions
Oct. 29, 2023
Jan. 29, 2023
Designated as cash flow hedges    
Derivative [Line Items]    
Notional values of foreign currency forward contracts $ 1,148 $ 1,128
Non-designated hedges    
Derivative [Line Items]    
Notional values of foreign currency forward contracts $ 365 $ 366
v3.23.3
Derivative Financial Instruments - Narrative (Details)
 9 Months Ended
Oct. 29, 2023
Foreign currency forward contracts  
Derivative [Line Items]  
Maximum maturity period 18 months
v3.23.3
Debt - Schedule of Instruments (Details) - USD ($)
$ in Millions
 9 Months Ended
Oct. 29, 2023
Jan. 29, 2023
Debt Instrument [Line Items]    
Unamortized debt discount and issuance costs $ (44) $ (47)
Net carrying amount 9,706 10,953
Less short-term portion (1,249) (1,250)
Total long-term portion $ 8,457 9,703
0.309% Notes Due 2023 | Notes Payable    
Debt Instrument [Line Items]    
Interest rate (as percent) 0.309%  
Effective Interest Rate (as percent) 0.41%  
Gross carrying amount $ 0 1,250
0.584% Notes Due 2024 | Notes Payable    
Debt Instrument [Line Items]    
Interest rate (as percent) 0.584%  
Expected Remaining Term (years) 7 months 6 days  
Effective Interest Rate (as percent) 0.66%  
Gross carrying amount $ 1,250 1,250
3.20% Notes Due 2026 | Notes Payable    
Debt Instrument [Line Items]    
Interest rate (as percent) 3.20%  
Expected Remaining Term (years) 2 years 10 months 24 days  
Effective Interest Rate (as percent) 3.31%  
Gross carrying amount $ 1,000 1,000
1.55% Notes Due 2028 | Notes Payable    
Debt Instrument [Line Items]    
Interest rate (as percent) 1.55%  
Expected Remaining Term (years) 4 years 7 months 6 days  
Effective Interest Rate (as percent) 1.64%  
Gross carrying amount $ 1,250 1,250
2.85% Notes Due 2030 | Notes Payable    
Debt Instrument [Line Items]    
Interest rate (as percent) 2.85%  
Expected Remaining Term (years) 6 years 4 months 24 days  
Effective Interest Rate (as percent) 2.93%  
Gross carrying amount $ 1,500 1,500
2.00% Notes Due 2031 | Notes Payable    
Debt Instrument [Line Items]    
Interest rate (as percent) 2.00%  
Expected Remaining Term (years) 7 years 7 months 6 days  
Effective Interest Rate (as percent) 2.09%  
Gross carrying amount $ 1,250 1,250
3.50% Notes Due 2040 | Notes Payable    
Debt Instrument [Line Items]    
Interest rate (as percent) 3.50%  
Expected Remaining Term (years) 16 years 4 months 24 days  
Effective Interest Rate (as percent) 3.54%  
Gross carrying amount $ 1,000 1,000
3.50% Notes Due 2050 | Notes Payable    
Debt Instrument [Line Items]    
Interest rate (as percent) 3.50%  
Expected Remaining Term (years) 26 years 4 months 24 days  
Effective Interest Rate (as percent) 3.54%  
Gross carrying amount $ 2,000 2,000
3.70% Notes Due 2060 | Notes Payable    
Debt Instrument [Line Items]    
Interest rate (as percent) 3.70%  
Expected Remaining Term (years) 36 years 4 months 24 days  
Effective Interest Rate (as percent) 3.73%  
Gross carrying amount $ 500 $ 500
v3.23.3
Debt - Narrative (Details)
Oct. 29, 2023
USD ($)
0.309% Notes Due 2023 | Notes Payable  
Debt Instrument [Line Items]  
Stated interest rate (percent) 0.309%
Commercial Paper Program  
Debt Instrument [Line Items]  
Outstanding commercial paper $ 0
Commercial Paper Program | Commercial Paper  
Debt Instrument [Line Items]  
Current borrowing capacity $ 575,000,000
v3.23.3
Commitments and Contingencies - Narrative (Details) - USD ($)
$ in Millions
Oct. 29, 2023
Jul. 30, 2023
Jan. 29, 2023
Oct. 30, 2022
Jul. 31, 2022
Jan. 30, 2022
Other Commitments [Line Items]            
Inventory purchase and long-term supply and capacity obligations $ 17,110          
Other non-inventory 4,430          
Warranty accrual 142 $ 115 $ 82 $ 104 $ 168 $ 46
Multi-Year Cloud Service Agreements            
Other Commitments [Line Items]            
Other non-inventory $ 3,600          
v3.23.3
Commitments and Contingencies - Summary of Future Commitments Due by Year (Details)
$ in Millions
Oct. 29, 2023
USD ($)
Fiscal Year:  
2024 (excluding first nine months of fiscal year 2024) $ 6,499
2025 11,861
2026 1,128
2027 1,038
2028 660
2029 and thereafter 354
Total $ 21,540
v3.23.3
Commitments and Contingencies - Schedule of Product Warranty Liabilities (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 29, 2023
Oct. 30, 2022
Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease) [Roll Forward]        
Beginning Balance $ 115 $ 168 $ 82 $ 46
Additions 50 3 105 141
Utilization (23) (67) (45) (83)
Ending Balance $ 142 $ 104 $ 142 $ 104
v3.23.3
Shareholders' Equity (Details) - USD ($)
shares in Millions, $ in Millions
 1 Months Ended 3 Months Ended 9 Months Ended
Nov. 17, 2023
Oct. 29, 2023
Oct. 30, 2022
Oct. 29, 2023
Oct. 30, 2022
Aug. 31, 2023
Subsequent Event [Line Items]            
Number of share repurchased (in shares)   8.3 28.0 15.9 56.0  
Shares repurchased   $ 3,719 $ 3,647 $ 7,005 $ 8,988  
Additional authorization to repurchase shares           $ 25,000
Authorized amounts under share repurchase program   25,240   25,240    
Dividends paid   $ 99 $ 100 $ 296 $ 300  
Subsequent Event            
Subsequent Event [Line Items]            
Number of share repurchased (in shares) 0.8          
Shares repurchased $ 366          
v3.23.3
Segment Information - Schedule of Segments (Details)
$ in Millions
 3 Months Ended 9 Months Ended
Oct. 29, 2023
USD ($)
Oct. 30, 2022
USD ($)
Oct. 29, 2023
USD ($)
segment
Oct. 30, 2022
USD ($)
Segment Reporting [Abstract]        
Number of reportable segments | segment     2  
Segment Reporting Information [Line Items]        
Revenue $ 18,120 $ 5,931 $ 38,819 $ 20,923
Operating income (loss) 10,417 601 19,358 2,968
Operating Segments | Compute & Networking        
Segment Reporting Information [Line Items]        
Revenue 14,645 3,816 29,507 11,395
Operating income (loss) 10,262 1,086 19,149 3,509
Operating Segments | Graphics        
Segment Reporting Information [Line Items]        
Revenue 3,475 2,115 9,312 9,528
Operating income (loss) 1,493 606 3,751 3,739
All Other        
Segment Reporting Information [Line Items]        
Revenue 0 0 0 0
Operating income (loss) $ (1,338) $ (1,091) $ (3,542) $ (4,280)
v3.23.3
Segment Information - Reconciling Items (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 29, 2023
Oct. 30, 2022
Segment Reporting Information [Line Items]        
Stock-based compensation expense $ (979) $ (745) $ (2,555) $ (1,971)
Operating income 10,417 601 19,358 2,968
All Other        
Segment Reporting Information [Line Items]        
Stock-based compensation expense (979) (745) (2,555) (1,971)
Unallocated cost of revenue and operating expenses (198) (156) (515) (432)
Acquisition-related and other costs (135) (174) (446) (499)
IP-related costs (26) 0 (36) 0
Acquisition termination cost 0 0 0 (1,353)
Other 0 (16) 10 (25)
Operating income $ (1,338) $ (1,091) $ (3,542) $ (4,280)
v3.23.3
Segment Information - Revenue (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 29, 2023
Oct. 30, 2022
Revenues        
Revenue $ 18,120 $ 5,931 $ 38,819 $ 20,923
United States        
Revenues        
Revenue 6,302 2,148 14,730 6,069
Taiwan        
Revenues        
Revenue 4,333 1,153 8,968 5,134
China (including Hong Kong)        
Revenues        
Revenue 4,030 1,148 8,360 4,831
Singapore        
Revenues        
Revenue 2,702 536 4,506 1,963
Other countries        
Revenues        
Revenue $ 753 $ 946 $ 2,255 $ 2,926
v3.23.3
Segment Information - Concentration Risk (Details) - Revenue - Customer Concentration Risk
 3 Months Ended 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 29, 2023
Oct. 30, 2022
Non-US        
Revenue, Major Customer [Line Items]        
Concentration risk (as percent) 65.00% 64.00% 62.00% 71.00%
Customer A        
Revenue, Major Customer [Line Items]        
Concentration risk (as percent) 12.00%      
Customer B        
Revenue, Major Customer [Line Items]        
Concentration risk (as percent)     11.00%  
Customer C        
Revenue, Major Customer [Line Items]        
Concentration risk (as percent) 10.00%      
v3.23.3
Segment Information - Schedule of Revenue by Market (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Oct. 29, 2023
Oct. 30, 2022
Revenue from External Customer [Line Items]        
Revenue $ 18,120 $ 5,931 $ 38,819 $ 20,923
Data Center        
Revenue from External Customer [Line Items]        
Revenue 14,514 3,833 29,121 11,389
Gaming        
Revenue from External Customer [Line Items]        
Revenue 2,856 1,574 7,582 7,236
Professional Visualization        
Revenue from External Customer [Line Items]        
Revenue 416 200 1,090 1,318
Automotive        
Revenue from External Customer [Line Items]        
Revenue 261 251 810 609
OEM and Other        
Revenue from External Customer [Line Items]        
Revenue $ 73 $ 73 $ 216 $ 371