

This includes an estimated reduction of approximately $500 million relating to Russia and the COVID lockdowns in China.

In the report from NVIDIA, the outlook for Q2 FY203 is shared including details like the GAAP gross margin for Q2 FY2023 sitting at 65.1 percent, and GAAP operating expenses at $2.46 billion. This includes an estimated reduction of approximately $500 million in relation to the war in Ukraine and lockdowns in China as a result of the COVID pandemic.

More specifically, that revenue for Q2 2023 is expected to be $8.10 billion, plus or minus 2 percent. As part of NVIDIA's (NVDA) earnings report for Q1 2023, it was revealed that Q2 2023 revenue guidance is lower than Wall Street estimates.
