![]() ![]() Nvidia had a great 2017 because the company sold truckloads of GPUs. “However, deteriorating macroeconomic conditions, particularly in China, impacted consumer demand for NVIDIA gaming GPUs,” the company wrote in its press release. ![]() ![]() Just like many tech companies, Nvidia is affected by demand in China as well as tariffs. Nvidia once again cites the same reasons that have led to its terrible, horrible, no good, very bad year. Shares are currently trading at $139.60, down 12.83 percent compared to yesterday’s closing price of $160.15. The company expects to generate $2.2 billion instead of $2.7 billion as it had previously announced. The company has cut its guidance for its upcoming earnings report. ![]()
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