Nvidia Takes A Big Hit In The Second Quarter

[Guest]

Santa Clara (CA) - The replacement of faulty graphics chips as well as a much stronger than expected AMD/ATI pushed Nvidia deep into the red during the second quarter. The company reported a revenue decline of 23% sequentially and a triple-digit loss.

Nvidia Takes A Big Hit In The Second Quarter : Read more

 

[Guest]

NVIDIA rob people lots of bucks,It's time to payback!

 

[jeb1517]

Can't tell by looking at their stock. Opened at over 8% gain this morning. Very impressive. If only AMD's stock could go up after reporting a loss, it would be up 982375%!

 

[jeb1517]

Increase was due to Nvidia putting $1 billion into their stock buy back program. Good timing.

 

[blackened144]

This is just a little bump in the road for Nvidia.. If this happened to ATI, it would practically put them under.

 

[Guest]

ok i just bought a 2700$ hp pavilion dv 9880ee. Am i screwed?

 

[jivdis1x]

wow $2700 OEM and not from a boutique builder!