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Has NVIDIA Rung The Warning Bells For Upcoming GPU Price Crash?

Has NVIDIA Rung The Warning Bells For Upcoming GPU Price Crash?

2 years ago
Anonymous $dy9SWuvIkX

https://wccftech.com/has-nvidia-rung-the-warning-bells-for-upcoming-gpu-price-crash/

Pictured left: NVIDIA chief Mr. Jen-Hsun Huang during his early days. On Left: Mr. Huang inn 2010.

Chip designer NVIDIA Corporation has revealed that its graphics processing unit (GPU) inventory stabilized during the previous quarter. The statements were made by NVIDIA's chief financial officer (CFO) Ms. Colette Kress during NVIDIA's investor call for its earnings release for its first quarter of the fiscal year 2023, during which the company managed to strongly grow its revenues and increase its earnings from the crucial data center segment as well. As part of the commentary released prior to the call, the executive also explained that her company's inventory costs had grown in the quarter as it navigated a tricky supply chain and semiconductor environment in the wake of pandemic-induced disruptions.