Nvidia forecast lags Wall Street as crypto demand evaporates

Nvidia forecast lags Wall Street as crypto demand evaporates

6 years ago
Anonymous $oIHRkISgaL

https://www.reuters.com/article/us-nvidia-results/nvidia-forecast-lags-wall-street-as-crypto-demand-evaporates-idUSKBN1L12FJ

Nvidia Corp shares sank as much as 5 percent in after-hours trading on Thursday after the chip maker said cryptocurrency-fueled demand had dried up and it forecast sales below Wall Street targets, overshadowing quarterly results that otherwise beat expectations.

Nvidia forecast lags Wall Street as crypto demand evaporates

Aug 16, 2018, 11:05pm UTC
https://www.reuters.com/article/us-nvidia-results/nvidia-forecast-lags-wall-street-as-crypto-demand-evaporates-idUSKBN1L12FJ >Nvidia Corp shares sank as much as 5 percent in after-hours trading on Thursday after the chip maker said cryptocurrency-fueled demand had dried up and it forecast sales below Wall Street targets, overshadowing quarterly results that otherwise beat expectations.