Nvidia CEO laments low Turing sales, says last quarter was a ‘punch in the gut’

Nvidia CEO laments low Turing sales, says last quarter was a ‘punch in the gut’

5 years ago
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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.

Nvidia CEO laments low Turing sales, says last quarter was a ‘punch in the gut’

Jan 28, 2019, 6:37pm UTC
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.