Nvidia cuts fourth-quarter revenue estimate on weak China demand; shares sink

Nvidia cuts fourth-quarter revenue estimate on weak China demand; shares sink

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-nvidia-outlook/nvidia-cuts-fourth-quarter-revenue-estimate-on-weak-china-demand-shares-sink-idUSKCN1PM1MV

Nvidia Corp on Monday cut its fourth-quarter revenue estimate by half a billion dollars due to weak demand for its gaming chips in China and lower-than-expected datacenter sales, sending its shares sliding 13 percent.