KAREN BURNS Interim CFO and VP of Finance | Annual Investor Day 2013

Delivering Exceptional Financial Performance

Investing to Grow Beyond the PC

Generating Cash and Returning Capital to Shareholders

38%

EPS CAGR from FY10

$300M targeted to

$10B+ Tegra TAM

$2B cash

over past 3 years

Non-GAAP EPS, see reconciliation in Appendix

Invest to Grow Beyond PC

$2.5

$4.3

FY10 FY13

$0.45

$1.17

FY10 FY13

39.0%

52.3%

FY10 FY13

Delivering Significant Growth

Record Revenue

20% CAGR

Record GM %

+1,330 BPS EPS 38% CAGR

Revenue excluding chipset products. Non-GAAP GM and EPS, see reconciliation in Appendix.

Key Growth & Profit Drivers

Best GPU meets growing PC gaming

CUDA revolutionize GPU

Grow beyond PC

Excellence in operations

Creating a valuable IP portfolio

6% share gain and 9% overall ASP growth

Since FY10, GPU operating income grew from $300M to $800M

CUDA investment of $80M per year

Tegra grew 50% to record

$540M

Since FY10, gross margins increased

1,330 basis points

$1.5B cross license with Intel

Tegra = Andriod and WinRT

FY10 FY13

Growing Beyond PC 20% CAGR Overall

S4.5

S4.0

S3.5

S3.0

S2.5

S2.0

S1.5

S1.0

S0.5

0

Revenue (

in b

illions)

GeForce Gamer

GeForce OEM

Quadro

Tesla

Tegra

Other

68%

109%

12%

9%

CAGR

15%

Tegra = Android, WinRT, Auto and Embedded

-20%

-15%

-10%

-5%

0%

5%

10%

Outperformed Despite Headwinds

AMD

Intel

NVIDIA

PC Group

Revenue Growth, FY12-FY13

PC Market

PC Group is an average of YoY Revenue for 5 PC companies. PC Market decline of 4% based on Gartner Research.

R&D Synergies Across Products Total R&D ~$1.2B

SHIELD ~$10M

TEGRA

~$300M

GRID

~$10M

CORE R&D ~$880M

GPU SOFTWARE VLSI CONTENT

TECH PROCESS

R&D

Refers to estimated FY14 non-GAAP R&D expense, see reconciliation in Appendix

Turning Investments into

Profitability

GPU & Tegra Leveraged Engineering GPU GeForce + Quadro + Tesla

GPU Tegra SoC Auto + Embedded

World-class Software CUDA + Drivers leveraged across all brands

Expertise in multiple OS expands our TAM

Developer Technology Delivering ultimate gaming experience

PhysX, GFE, TegraZone

Process Technology Driving manufacturing cost reductions

early engagement to process maturity

Synergies Aligned matrix organizations

$.0

$1.0

$2.0

$3.0

$4.0

FY13FY12FY11FY10

Foreign

US

Generated $2B since FY10 (i

n b

illions)

150 ~50 ~50

750

100 100

150 150

$.0

$.3

$.5

$.8

$1.0

$1.3

Thru FY14Q114Q413

Share repurchase

Dividend

$1.2B Capital Return (i

n b

illions)

32% of Total Cash

67% of US Cash

15% of Market Cap

900

Delivering Exceptional Financial Performance

Investing to Grow Beyond the PC

Generating Cash and Returning Capital to Shareholders

38%

EPS CAGR from FY10

$300M targeted to

$10B+ Tegra TAM

$2B cash

over past 3 years

Non-GAAP EPS, see reconciliation in Appendix

Invest to Grow Beyond PC

Appendix

RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES

Non-GAAP

Stock-based

compensation

(a)

Acquisition-

related items

(b)

Net warranty

charges

(c)

Other

(d), (e)

Tax impact of

non-GAAP

adjustments

GAAP

FY2010

Revenue $3,326 $- $- $- $- $- $3,326

Gross profit $1,296 $(23) $- $(96) $- $- $1,177

Gross margin 39.0% - - - - - 35.4%

Net income (loss) $253 $(247) $(13) $(94) $- $33 $(68)

Shares used in diluted per share calculation 568 - - - (18) - 550

Diluted net income (loss) per share $0.45 $- $- $- $- $- $(0.12)

FY2011

Operating expense $1,096 $92 $9 $13 $(57) $- $1,153

FY2012

Operating expense $1,246 $125 $38 $- $- $- $1,409

(in millions, except per share data)

RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES

Non-GAAP

Stock-based

compensation

(a)

Acquisition-

related items

(b)

Net warranty

charges

(c)

Other

(d), (e)

Tax impact of

non-GAAP

adjustments

GAAP

FY2013

Revenue $4,280 $- $- $- $- $- $4,280

Gross profit $2,237 $(11) $- $- $- $- $2,226

Gross margin 52.3% - - - - - 52.0%

Operating expense $1,396 $126 $36 $- $20 $- $1,578

Net income $728 $(137) $(36) $- $(20) $28 $563

Shares used in diluted per share calculation 624 - - - - - 624

Diluted net income per share $1.17 $- $- $- $- $- $0.90

FY2014 Estimate

R&D expense $1,200 $79 $29 $- $- $- $1,308

Operating expense $1,600 $125 $35 $- $- $- $1,760

(in millions, except per share data)

Footnotes (a) In addition to our historical practice of excluding stock-based compensation, during FY10, the Company completed a tender offer to purchase outstanding stock options which resulted in a charge of $140.2 million. This charge was allocated to cost of goods sold, research and development expense, and sales, general and administrative expense, of $11.4 million, $90.5 million and $38.3 million, respectively. (b) Acquisition-related items are comprised of amortization of acquisition-related intangible assets and other acquisition-related costs such as transaction costs, compensation charges and restructuring costs relating to the acquisitions. (c) Net warranty charges are comprised of charges to cost of goods sold related to the weak die/packaging material set that was used in certain versions of our previous generation chips and a charge to operating expense related to a class action lawsuit settlement, net of insurance reimbursement. (d) Other is comprised of legal settlement charges and benefits and the net present value of a charitable contribution. (e) Shares excluded for computation of net loss per share position.

RECONCILIATION OF OTHER FINANCIAL MEASURES

FY2010 FY2011 FY2012 FY2013

Graphics Processing Unit (GPU) revenue excluding chipset products $2,299 $2,659 $2,990 $3,228

Chipset product revenue $872 $687 $197 $24

GPU revenue $3,171 $3,346 $3,187 $3,252

FY2010 FY2011 FY2012 FY2013

GPU operating income excluding chipset products $305 $403 $729 $869

Chipset product operating income $85 $278 $93 $16

GPU operating income $390 $681 $822 $885

(in millions)

FY2010 FY2013

Total revenue excluding chipset products $2,454 $4,256

Chipset product revenue $872 $24

Total revenue $3,326 $4,280