Friday 15 February 2019

Crypto crash leads to inventory pile-up at Nvidia, sales slaughtered

Revs down 25% y-o-y, op profit sinks 79%. Miners? Gamers? Hyperscalers? Anyone? Guys? Bueller?

You can't make a silk purse out of a sow's ear, so found Nvidia's management team last night as they reported a pig of a quarter that saw revenues and profit crash.…



via The Register - Data Centre: Cloud
http://go.theregister.com/feed/www.theregister.co.uk/2019/02/15/crypto_crash_leads_to_inventory_pileup_at_nvidia_sales_slaughtered/

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