Items tagged with jensen huang

It appears that Apple isn't the only company that is issuing revenue warnings for its most recent quarter; NVIDIA has added its name to the list as well. The company announced today that it has revised its revenue guidance for fiscal Q4 2019 from $2.7 billion down to $2.2 billion. The reason for the downward trajectory in revenue is twofold. For starters, NVIDIA says that its gaming business was impacted due to "macroeconomic conditions" in China. This was also one of the factors that Apple cited as a reason for its revenue shortfall. According to NVIDIA, demand for its gaming GPUs in particular took a hit. More importantly, demand in general was also soft for its brand-new Turing-based... Read more...