Future Tech

Nvidia predicts third-quarter sales below expectations

Tan KW
Publish date: Thu, 25 Aug 2022, 08:52 AM
Tan KW
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Future Tech

Chip designer Nvidia Corp predicted third-quarter revenue below market expectations on Wednesday, delivering a one-two punch as weak gaming demand led to a 19% sequential decline in second-quarter sales.

The company expects third-quarter revenue of $5.90 billion, plus or minus 2%, compared with average analysts' estimate of $6.95 billion, according to Refinitiv data.

 


  - Reuters

 

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