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

No comments:

Post a Comment