NVIDIA CEO Jen-Hsun Huang also told analysts that all chips of the Pascal generation have been taped out:
Ian L. Ing - MKM Partners LLC
Yes. Thank you. So for July, it looks like you've got some operating expense discipline. Given some hiring activity in April, you're down sequentially. Is that related to the timing of some tape-out activity? And as Pascal rolls out, what should the shape of the tape-outs be, do you think, for the upcoming quarters?
Jen-Hsun Huang - Co-Founder, President, CEO & Director
Well, all of the Pascal chips have been taped out. But we still have a lot of engineering work do. The differences are minor. We're a large company and we have a lot of things that we're doing. I wouldn't overstudy the small deltas in OpEx. We don't manage things a dollar at a time, and we're trying invest in the important things. On the other hand, this company is really, really good about not wasting money. And so we want to make sure that on the one hand we invest into opportunities that are very important to our company, but we just have a culture of frugality that permeates our company.