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  • Active Cryptocurrencies: 2116 | Active Exchanges: 234 | Total MarketCap $120,383,351,083.57 | BTC Dominance: 52.33% | ETH Dominance: 10.31%

    今晚好彩1开奖结果:China and Cryptos Bring Chipmaker Nvidia’s Revenue Estimates Down

    Chipmaking giant Nvidia lowered its revenue estimates for Q4 2019 by US$500 million to US$2.2 billion, the company's recent financial report revealed.

    The suffering of chipmaking giant Nvidia continues. But this time, it is not solely the fault of the current crypto winter.

    Nvidia lowered its estimated revenue for the fourth quarter of this year to US$2.2 billion, down by US$500 million from an earlier projection.

    The Delaware-based tech company explained that “deteriorating macroeconomic conditions, particularly in China,” was a major factor in the lesser financial estimate.

    Last November 2018, Nvidia revealed that the crypto mining demand for its GPU went down on Q3 that year—the same time mining profitability was spiraling down—which was a huge factor in the company missing its estimate for that period.

    In addition, the mining problem caused an excess of GPU cards in Nvidia’s inventory, which the company still expects to clear out sometime this year.

    Jensen Huang, Nvidia founder and CEO, wrote:

    “The Q4 guidance we provided in November reflected the effect of excess channel inventory of Pascal mid-range GPUs that resulted from the sharp decline of cryptocurrency demand. Exiting Q3, we estimated channel inventory would be largely depleted… between February and April. Our view of that today remains unchanged.”

    Despite the disappointing estimate, Huang still expects that Nvidia can still be successful through several growth drivers. Some of these factors included RTX 2060, new GeForce RTX gaming notebooks, and Quadro RTX, among others. Notably missing, however, is any factor directly related to crypto mining.

    | Related: This Lawsuit Could Help Investors Recover Their Losses Caused by Nvidia’s Crypto Mining Blunder

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  • 石柱旅行地中国国家地理网 2019-09-15
  • 发展中国家的市场经济,一般会落入:资本市场、来料加工、吃喝玩乐消费、房地产疯涨,等经济基础不牢的“中等收入陷阱”。 2019-09-13
  • 梁衡.blog的博客—强国博客—人民网 2019-09-13
  • 备受鼓舞!习近平致信祝贺人民日报创刊70周年 ( 今日关注 2019-09-12
  • 统计局发布70城房价数据 丹东环比上涨5.3%居首位 ——凤凰网房产重庆 2019-09-06
  • 视频来了!记者体验渝贵铁路重庆首发列车 2019-09-06
  • 证监会专项执法行动瞄准股市“黑嘴” 2019-08-30
  • 江西人存款1.66万亿元 2019-08-30
  • 女子有才也是德,京城何时有女子学校? 2019-08-24
  • 热波十年,用潮流音乐迎接95、00后热波 音乐节 2019-08-24
  • 有一种税叫“亚裔税” 哈佛大学被控招生政策歧视亚裔学生 2019-08-23
  • 按照相对论,把动能表达为mc^2√(1-v^2c^2)是错误的47 2019-08-22
  • 国台办:今年暑期大陆为台生提供约600个实习名额 2019-08-22
  • 2018安徽秸秆综合利用产业博览会举办 2019-08-20
  • 8周年!全新米聊开启内测:优化聊天新增连麦小游戏 2019-08-12
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