Nvidia CEO laments low Turing sales, says last quarter was a ‘punch in the gut’
https://www.pcgamer.com/nvidia-ceo-laments-low-turing-sales-says-last-quarter-was-a-punch-in-the-gut/
In a moment of candid reflection, Nvidia CEO Jensen Huang told investors on Monday that the fourth quarter "was a real punch in the gut" due to lower than expected GPU sales, including certain high-end graphics cards based on Nvidia's new Turing architecture.
Nvidia now expects to report $2.2 billion in fourth quarter revenue when it adds up the final tally, versus its previous guidance of $2.7 billion. The company placed part of the blame on deteriorating macroeconomic conditions, particularly in China, which it said impacted consumer demand for gaming GPUs.