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Nvidia Takes A Big Hit In The Second Quarter

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  • Nvidia
  • Graphics
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Anonymous
August 13, 2008 9:30:03 AM

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.

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Anonymous
August 13, 2008 11:12:05 AM

NVIDIA rob people lots of bucks,It's time to payback!
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August 13, 2008 1:38:41 PM

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%!
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August 13, 2008 2:15:46 PM

Increase was due to Nvidia putting $1 billion into their stock buy back program. Good timing.
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August 13, 2008 2:33:23 PM

This is just a little bump in the road for Nvidia.. If this happened to ATI, it would practically put them under.
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Anonymous
August 14, 2008 10:15:29 AM

ok i just bought a 2700$ hp pavilion dv 9880ee. Am i screwed?
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August 27, 2008 2:46:03 AM

wow $2700 OEM and not from a boutique builder!
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