Nvidia Sinks After Warning on Revenue, Especially in China

Jen-Hsun Huang
Photographer: David Paul Morris/Bloomberg

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By Yueqi Yang

January 28, 2019 at 2:13 PM UTC

This article is for subscribers only.

Nvidia shares drop 13% in early trading after cutting fourth-quarter revenue guidance as Gaming and Datacenter revenues come below company’s expectations. CEO Jensen Huang cited an "extraordinary, unusually turbulent, and disappointing quarter.”

Link to Statement: NVIDIA Updates Financial Guidance for Fourth Quarter of Fiscal Year 2019