NVIDIA 2015 Annual Report Download - page 92

Download and view the complete annual report

Please find page 92 of the 2015 NVIDIA annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 183

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183

12
Debora Shoquist joined NVIDIA in September 2007 as Senior Vice President of Operations and became Executive
Vice President of Operations in January 2009. From 2004 to 2007, Ms. Shoquist served as Executive Vice President of
Operations at JDS Uniphase Corporation, a provider of communications test and measurement solutions and optical products
for the telecommunications industry. From 2002 to 2004, Ms. Shoquist served as Senior Vice President and General Manager
of the Electro-Optics business at Coherent, Inc., a manufacturer of commercial and scientific laser equipment. Ms. Shoquist’s
experience includes her role at Quantum Corporation, a data protection company, as the President of the Personal Computer
Hard Disk Drive Division. Ms. Shoquist’s experience also includes senior roles at Hewlett-Packard. Ms. Shoquist holds a
B.S. degree in Electrical Engineering from Kansas State University and a B.S. degree in Biology from Santa Clara University.
Available Information
Our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and, if applicable,
amendments to those reports filed or furnished pursuant to Section 13(a) of the Securities Exchange Act of 1934, as amended,
are available free of charge on or through our web site, http://www.nvidia.com, as soon as reasonably practicable after we
electronically file such material with, or furnish it to, the Securities and Exchange Commission, or the SEC. Our web site
and the information on it or connected to it are not a part of this Annual Report on Form 10-K.
ITEM 1A. RISK FACTORS
In evaluating NVIDIA and our business, the following factors should be considered in addition to the other information
in this Annual Report on Form 10-K. Before you buy our common stock, you should know that making such an investment
involves risks including, but not limited to, the risks described below. Any one of the following risks could harm our business,
financial condition and results of operations, which could cause our stock price to decline. Additional risks, trends and
uncertainties not presently known to us or that we currently deem immaterial may also harm our business.
Risks Related to Our Business, Industry and Partners
If we are unable to successfully compete in our target markets, our revenue and financial results will be adversely
impacted.
NVIDIA-branded products and services are visual computing platforms that address four large markets: Gaming,
Enterprise, High Performance Computing & Cloud, and Automotive. Our GPUs and Tegra processors are designed to meet
the evolving needs of these markets; however, these markets remain extremely competitive, and we expect competition to
intensify as current competitors expand their product and/or service offerings, industry standards continue to evolve and
new competitors enter these markets. Our success depends to a significant extent on our ability to identify and develop new
products, services and technologies, and enhancements to our existing products, services and technologies, in a timely and
cost-effective manner and to achieve consumer and market acceptance of our products, services and technologies.
If we are unable to successfully compete in our target markets, including in significant international markets, such as
China, demand for our products, services and technologies could decrease which would cause our revenue to decline and
our financial results to suffer. In addition, if we fail to anticipate the changing needs of our target markets and emerging
technology trends, our business will be harmed.
Our competitors’ products, services and technologies may be less costly, or their products, services and technologies
may offer superior functionality or different features than ours. In addition, many of our competitors operate and maintain
their own fabrication facilities and have longer operating histories, greater name recognition, larger customer bases, and
greater financial, sales, marketing and distribution resources than we do. These competitors may be able to more effectively
identify and capitalize upon opportunities in new markets, quickly transition their semiconductor products to increasingly
smaller line width geometries and obtain sufficient foundry capacity and packaging materials, which could harm our business.